It’s not just airlines – Asian airports also suffering from weaker traffic

November 18, 2008 by SwizStick  
Filed under Air Cargo, Airlines

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Via Air Cargo News:

Meanwhile, elsewhere in India, the new GMR Hyderabad International Airport Limited (GHIAL) airport’s break-even period, originally expected to be five-and-a-half years, is likely to be prolonged. This is despite international cargo freight increasing by 47.8 per cent to 17,673 tonnes compared to 11,955 tonnes in the corresponding period last year. “It might take an additional six months time to achieve break-even”, GHIAL chief commercial officer, Viswanath Attaluri, said.

The Hong Kong Airport Authority (HKAA) released figures showing 4.07 million passengers used Chek Lap Kok airport in October, down 1.4 percent from the 4.12 million recorded during the same month last year. The HKAA also said the amount of cargo handled was 9.2 percent down year on year to 320,000 tonnes.

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