Hong Kong International Airport (HKIA) recorded a slight growth in cargo volume for May, registering the first year-on-year growth since March last year.

Cargo traffic rose by 1.1 percent to 333,000 tonnes in May, primarily due to a 3 percent year-on-year increase in exports, HKIA said in a statement on June 18.

During the month, cargo throughput to and from Southeast Asia outperformed other key regions.

“Cargo volume recorded its first positive yearly growth in 14 months,” said Stanley Hui Hon-chung, CEO of Airport Authority Hong Kong, the statutory body responsible for the operation and development of the airport.

“Going forward, we remain cautiously optimistic and will continue to monitor closely the impact of economic uncertainties on the aviation industry,” he added.

For the first five months of the year, cargo volume registered a total of 1.6 million tonnes, a small decrease of 0.9 percent against the corresponding period a year ago.

On a rolling 12-month basis, cargo tonnage dropped 4.5 percent to 3.9 million.

 

Photo: PhillipC

You May Also Like

Former PLDT exec named AirAsia Phils CEO

Former telecommunications executive Ricardo P. Isla has been appointed as the new chief executive officer of AirAsia Philippines. Isla joins AirAsia after more than…

Cebu airport’s Q1 cargo volume deflates

Cargoes handled by the Mactan-Cebu International Airport (MCIA) in the first quarter of 2015 declined 18% to 12.722 million kilograms from 15.517 million kilos…

Vietnam eyes 6.5%-7% annual GDP growth over next 5 years

The government of Vietnam is setting a growth target of 6.7% for 2016 and an average annual gross domestic product (GDP) goal of 6.5% to…

Vietnam’s Cai Mep box terminals eye alliance to survive

APM Terminals, which holds a 49 percent stake in the Cai Mep International Terminal in the Ba Ria-Vung Tau province of southeast Vietnam, has…