Modest Growth in Air Freight in September, Airport Operators Say
Global freight traffic posted modest year-over-year growth for the month of September, up 1.6%, but the results across regions was mixed, according to the Airport Operators Council International. International freight was up 2% for the month, but down 1% for…
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the first nine months, it said. It also said there were declines in Africa (-4.8%), Europe (-1.5%) and North America (-1.5%), but robust growth in the Middle East (+6%), Asia-Pacific (+5.3%) and Latin America-Caribbean (+4.4%). Thirteen of the 30 leading global freight airports in terms of traffic weighting had year-over-year declines, but the top three global freight hubs grew -- Hong Kong (+6.8%), Shanghai ( +2.2%) and Memphis (+1.9%), it said.