Changi Airport of Singapore reflected the current downturn in most export markets worldwide by registering a 4.9 percent drop in cargo traffic for April this year compared to the same month a year ago.

The company reported in a press statement that cargo volume handled at the airport went down to 148,200 tonnes during the month as exports declined by 9 percent year-over-year.

On a rolling 12-month basis, Changi Airport moved 1.86 million tonnes of cargo, a growth of 1.3 percent.

Last March, Changi Airport recorded cargo traffic of 163,000 tonnes, a decrease of 1.8 percent from March 2011.

Changi Airport serves 100 airlines operating some 6,200 weekly flights connecting Singapore to more than 220 destinations in 60 countries.

 

Photo: edwin.11

You May Also Like

NOL confirms ongoing acquisition talks with Maersk, CMA CGM

Neptune Orient Lines Limited (NOL) has confirmed media reports that it is holding separate initial talks with two of the world’s biggest shipping firms…

15 infra programs key to PH connectivity to rest of ASEAN — WB

The World Bank pinpointed 15 infrastructure projects worth P495.84 billion under the government’s public-private partnership (PPP) scheme that it said are essential for the…

MSC to levy rate hikes on Asia services

Geneva-based carrier Mediterranean Shipping Company (MSC) released a series of bulletins on general rate increases (GRIs) affecting its Asia loops. From August 15, MSC…

Cebu Pacific income drops 54%

Philippine budget carrier Cebu Pacific’s (CEB) net income plummeted 54% to P2.221 billion in the first nine months of the year due to higher…