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            march 25, 2019

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CILF 2019


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World's 20 leading airports saw freight traffic rise 6.8pc in 2017


Hong Kong's airport is again leading the charge among the world's top 20 airports that collectively achieved air cargo volume growth of 6.8 per cent in 2017. Hong Kong handled five million tonnes of freight, up 9.4 per cent compared to the previous year.
Airports Council International (ACI) reported that the top 20 cargo hubs handled a combined 51 million tonnes of cargo last year, accounting for 43 per cent of global air freight volumes, reported London's Air Cargo News.
Trailing behind Hong Kong for non-integrator hub volumes were Shanghai (PVG), Chicago (ORD) and Doha (DOH) all experiencing double digit growth of 11.2 per cent, 12.6 per cent and 15 per cent respectively, said ACI.
The association attributed the cargo volume growth to a global trend of "strengthening trade, e-commerce and the reliability factor."
A spokesperson for ACI was quoted as saying: "Air cargo experienced a revival across many of the world's airports in 2017 and into 2018. Even with the uncertainty regarding the threat of trade wars and the growth of protectionist sentiments across the world, business confidence has remained strong through inventory build-ups and increased export orders in 2017.
"A strengthened economy in the US, together with an increase in global industrial production, and a strong US dollar have boosted inbound air cargo markets in recent years."

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