Hong Kong Airport records 2.4 percent y/y growth in cargo volume in August

Sep 24, 2018: Hong Kong’s major gateway Hong Kong International Airport (HKIA) has seen growth in passenger as well as cargo traffic in the month of August.

While passenger traffic reached new monthly highs due to Hong Kong resident travel, which saw an 8 percent year-on-year increase in August. The passenger traffic climbed 5.2 percent year-on-year to 6.8 million.

The cargo and airmail throughput reached 431,000 tonnes, increasing 2.4 percent compared to the same month last year.

The airport, which is one of the world’s busiest hubs for passenger as well as cargo, recorded strong 9 percent year-on-year growth in transshipments, which contributed the most to the increase in cargo throughput. Amongst key trading regions, traffic to and from North America and Southeast Asia posted the most significant growth.

Over the first eight months of 2018, HKIA handled 50.4 million passengers and 3.3 million tonnes of cargo and airmail, representing year-on-year increases of 3.4 percent and 3.1 percent, respectively. Flight movements increased 2.3 percent to 284,945 compared to the same period last year.

On a 12-month rolling basis, passenger volume and flight movements grew by 4.2 percent and 2.9 percent to 74.5 million and 427,135, respectively, while cargo and airmail throughput recorded 5.1 million tonnes, surging 4.2 percent year on year.