Hong Kong International Airport set a monthly record for cargo tonnage in October, beating the previous high set three years ago and regaining growth momentum heading into the peak air freight shipping season.
By The Numbers: Top 30 International Cargo Airports.
Tonnage at the world’s largest international freight airport grew 15.5 percent over October a year ago and 7.8 percent from September to October, a sharp turn upward after several months of flat month-to-month cargo business.
The 373,000 metric tons of cargo at Hong Kong broke the previous monthly record of 364,000 metric tons set in November 2007.
Exports led the growth, expanding 18 percent over the same month last year and growing 8 percent on a month-to-month basis.
Carriers also pushed in far more capacity to handle the Asia export surge.
Freighter flights grew 35.5 percent over October 2009 and 3.5 percent ahead of the September all-cargo operations.
The 15.5 percent year-over-year growth in October also was an improvement over the 13.9 percent gain Hong Kong saw in September, an encouraging sign for air freight demand because October 2009 marked the beginning of the recovery for air cargo carriers.