Impact Publications : AirCargo_245
Page 4 • AirCArgo AsiA-PACifiC • OCT-NOVEMBER 2016 Air freight volumes improve for second month in row -India, Korea and China tops for A-P region, says ACI IN september and for the second consecutive month, air freight markets witnessed strong growth - of 5.9 per cent – due mainly to a strengthen- ing of the international freight market (+7 per cent) and the surge in demand for elec- tronic devices exported from Asia, according to the latest Airports Council International (ACI) figures. Domestic freight volumes grew 3.3 per cent during the same period. Accumulated air freight volumes have inched up 1.8 per cent since the beginning of the year. similar to passenger traffic, all regions saw gains in air freight traffic for september except Africa, which recorded a loss of 4.2 per cent. Europe had the highest growth (+7.6 per cent) followed by Asia Pacific and North America with robust increases of 6.7 and 5.5 per cent respectively. Both regions of Latin America-Carib- bean and the Middle East experienced 3.1 per cent growth. Out of the top 20 air freight hubs, 15 airports report- ed growth rates of more than five per cent and only two experienced slight losses. Because air freight is highly concentrated, with the top 20 air freight hubs occupying almost half of global air freight volumes, the strong growth among the major airports increased the global growth figure. While the increase in volumes is cause for optimism, it is still too early to identify a sustained recovery. In alphabetical order: Africa In Africa, significant air freight losses were recorded at major com- mercial airports in Kenya (-10.6 per cent or -2,460 tonnes) and south Africa (-7.9 per cent or -2,310 tonnes). The two major air freight hubs of the re- gion—Nairobi (NBO) and Johannesburg (JNB)—lost 7.7 per cent (-1,630 tonnes) and 10.3 per cent (-2,830 tonnes) of air freight by volume year-over-year. Cairo (CAI) is recovering, with six per cent growth in air freight volumes compared to the previous year (+1,270 tonnes). Asia Pacific In the Asia-Pacific region, India, Korea and China were the main contributors to september’s growth (9.3, 7.2 and 6.7 per cent respec- tively). The top three airports with the highest volume increases were Hong-Kong (HKG, +7.2 per cent or +26,000 tonnes), shanghai - Pudong (PVG, +7.4 per cent or +20,000 tonnes) and seoul-Incheon (ICN, +8.1 per cent or +17,000 tonnes). The surge in volumes coincided with the release and replacement of mobile devices including the Galaxy Note 7 and iPhone 7.