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            june 23, 2018

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Indiaexportnews.com

Asia-Pacific and Middle East airport hubs register year end 2017 cargo surge

  12.03.2018    

Regional airport body ACI Asia-Pacific Airfreight says tonnages at Asia-Pacific and Middle East airports grew 4.8 per cent and 2.1 per cent respectively in December 2017, driven by "buoyant demand on exports, improved business confidence and growing e-commerce activities" in the Asia-Pacific region.
The top airports for cargo throughput increases were: Hong Kong (HKG) up 6.2 per cent, Shanghai Pudong (PVG) at 1.7 per cent and Seoul Incheon (ICN) with a 6.3 per cent rise. However, Dubai (DXB) in the Middle East reported a "minor contraction" of 0.5 per cent.
For the full year 2017, airfreight in Asia-Pacific and Middle East grew by 8.5 per cent and 6.0 per cent respectively, London's Air Cargo News reported.
Added ACI Asia-Pacific: "Among the top ten freight hubs in Asia-Pacific and Middle East combined, eight recorded growth of 7 per cent or above for the year. With broad improvement in world trade conditions and improved business confidence, airfreight volume growth has been robust in 2017, though showing signs of moderation in the fourth quarter.
"Looking ahead, positive factors such as increasing cross-border e-commerce activities and the growing pharmaceuticals sector should provide optimism for airfreight going into the new year."



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