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            january 22, 2020

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China's February air cargo falls 22pc


China handled 293,100 tonnes of air freight in February, 22.4 per cent less than in the same month last year. Passenger throughput rose 18.5 per cent to 27.87 million seats, Xinhua reports.
Domestic freight dropped 23.1 per cent to 206,600 tonnes. Hong Kong, Macau and Taiwan cargo fell 27.7 per cent to 10,700 tonnes. International shipments shrank 20.7 per cent to 86,400 tonnes.
In January and February, China's air freight volume climbed 5.2 per cent year on year to 770,100 tonnes. Passenger volume increased nine per cent to 53.61 million people.
As this year's Chinese New Year holiday was in February and last year's was in January, it is reasonable that the market situation be judged from the performance in both months together. A nine per cent passenger growth and 5.2 per cent cargo growth indicate steady recovery.

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