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Indiaexportnews.com

Frankfurt first half air cargo volume flat, falls 2.8pc in June

  16.07.2018    

Frankfurt Airport's (FRA) semi-annual report posted a 0.1 per cent year-on-year increase in first half cargo volume with a 2.8 per cent drop in June, reports New York's Air Cargo World.
Lufthansa, the hub's most prominent cargo carrier, reported slowing growth in the first half of 2018 and a decrease in volume in June.
London Heathrow demonstrated the same pattern. Industry leaders are attributing the slow-down partially to protectionist policies, namely the recently complemented Trump-era tariffs and forthcoming effects of Brexit.
The German Airports Association (ADV)'s forecasted cargo traffic growth of 5.1 per cent at German airports by end 2018, no longer looks like a probable outcome standing at the halfway point, given the performance of the country's most prominent hub as an indicator.



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