HKIA’s cargo volumes hit by global economic uncertainty

HKIA’s cargo volumes hit by global economic uncertainty

Airport Authority Hong Kong (AAHK) has published the air traffic figures of Hong Kong International Airport (HKIA) for April 2023.

Cargo volume remained impacted by global economic uncertainties. Overall cargo volume declined in April, with import cargo decreasing by 24% compared to the same month last year. Traffic to and from key trading regions in Southeast Asia and Taiwan saw the most significant decreases during the month.

During the month, HKIA handled 3.1 million passengers, marking a year-on-year surge of around 24 times. Compared to the same month last year, flight movements more than doubled to 21,545, while cargo throughput declined by 7.7% to 347,000 tonnes.

READ: New route between HKIA SkyPier and Pazhou in Guangzhou begins trial

All passenger segments experienced significant growth in April, especially Hong Kong residents. Traffic to and from Southeast Asia, Mainland China, and Japan recorded the most significant increases.

Over the first four months of the year, the airport handled 10.1 million passengers, an increase of around 26 times compared to the same period in 2022. Flight movements increased by 83.1% year-on-year to 74,200, while cargo volume dropped by 6.7% to 1.3 million tonnes.

On a 12-month rolling basis, passenger volume increased year-on-year by more than nine times to 15.4 million, while flight movements rose 19.3% to 172,395. Cargo throughput saw a decrease of 16.4% to 4.1 million tonnes.

READ: HKIA named world’s busiest cargo airport in 2022

Steven Yiu, Executive Director, Airport Operations of AAHK, said, “Following the resumption of normal travel, passenger volume and flight at HKIA have been picking up gradually. In April, on average the airport handled over 100,000 passengers and 700 flights per day respectively, representing 50% and 60% of pre-pandemic levels. We are excited that air traffic continues to increase, and we look forward to welcoming more travellers to Hong Kong or making use of our wide network for transferring to different destinations.”

To meet rising demand, airlines operating at HKIA have been expanding their networks by adding more destinations, such as those in Japan, South Korea and Thailand, and increasing the frequency of services. New flight routes have been also launched, including a direct service between Urumqi and Hong Kong.

Picture of Edward Hardy

Edward Hardy

Having become a journalist after university, Edward Hardy has been a reporter and editor at some of the world's leading publications and news sites. In 2022, he became Air Cargo Week's Editor. Got news to share? Contact me on Edward.Hardy@AirCargoWeek.com

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