Hong Kong air traffic and cargo volumes decline

The Hong Kong International Airport saw both cargo and air traffic volumes decline during the month of September. During the month, traffic volumes registered 3.6 million people and cargo throughput came in at 316,000 tonnes; a decline of 4.7 percent and 7.5 percent.

On the cargo side, the declines were across all modes of shipments including imports, exports, and trans-shipments.

Via Hongkongairport.com:

Stanley Hui Hon-chung, Chief Executive Officer of the Airport Authority, said, “The steep decline in traffic volumes in both passenger and air cargo clearly reflected a very troubled global economy as a result of the financial tsunami, which has affected all countries in the world. The US and Europe, the biggest trading partners with Hong Kong and China, saw a significant drop in air cargo traffic to/from Hong Kong in the month.

Traffic and cargo volumes based on a rolling 12 month basis are still up a few percentage points over 2007 numbers.