Singapore Changi Freight Grows 11 Percent

Singapore Changi Airport reported an 11 percent increase in freight tonnage in 2010 over the previous year. That still left cargo volume at the major Asia gateway behind pre-recession levels.

Last year’s increase over the depressed 2009 figures included a 4.1 percent year-over-year gain in December, when freight volume also grew 1.7 percent from November.

By The Numbers: International Air Freight Industry.

The improvement was Changi’s first year-over-year increase in freight tonnage since 2006, however, and left the airport slightly behind the volume Singapore reported in 2005.

Changi’s 11.9 percent year-over-year decline in 2009 was the steepest drop among Asia’s 10 largest air freight airports and the airport’s growth through most of last year lagged behind the strong gains at other Asia gateways, including the surging business at China airports.