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Robust passenger traffic gains of 5.1% in October; accelerated growth of 6.6% in air freight volumes

December 19, 2016 Airport No Comments Email Email

With the slowdown of holiday travel and tourism in October, global passenger traffic at the world’s major airports rose 5.1% year-over-year while international and domestic traffic grew 6.1% and 4.4% respectively. These figures are below the twelve-month average trends of 5.7%, 6.3% and 5.3%.
With the exception of Africa, which experienced a drop of 4.3%, all regions posted gains in passenger traffic. Ongoing security concerns in northern African States have left the region’s air transport demand in a weakened state. Asia Pacific airports reported the greatest increase in passenger traffic with gains of 8.4%. Guangzhou (CAN), Incheon (ICN), New Delhi (DEL) and Kuala Lumpur (KUL), four of the region’s major hubs, grew 11.8%, 12.6%, 19.2% and 14.6% respectively. Robust growth of 5.8% in passenger traffic was achieved across airports in the European region. Amsterdam (AMS) and Barcelona (BCN) grew 8.7% and 10.9% respectively.

For a second consecutive month, air freight markets demonstrated strong gains. After witnessing a 5.7% growth rate for the month of September, freight volume increased 6.6% in October, far above the 2.1% twelve-month growth average. The impressive 9.9% growth rate in international freight was accompanied by a 0.5% decline in domestic air freight volumes. All regions witnessed gains: the Middle East and Asia Pacific markets recorded the strongest growth at 11.5% and 10.2% respectively. The release of new key electronic products in October—mainly mobile devices—contributed to the surge of air freight traffic. Dubai (DXB) and Doha (DOH), the two main hubs in the Middle East, observed an increased growth rate of 9.5% and 21.5% respectively. Similarly, Shanghai (PVG), Incheon (ICN), Tokyo (NRT) and Taipei (TPE), four of the top 5 airports with respect to freight traffic in Asia-Pacific, witnessed double digit growth of 11.3%, 10.6%, 10.9% and 13.6% respectively.

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