Hong Kong down in Q1 despite mild growth in March

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Hong Kong International Airport aerial shot

Hong Kong International Airport saw ‘mild’ growth of 1.1 per cent in March helped by trade with India and Australasia, but the first quarter was still down 3.5 per cent on 2015.

In March volumes were up by 1.1 per cent to 368,000 tonnes, with exports growing by five per cent and transhipments were up three per cent. Despite the growth in March, volumes for the first quarter are down 3.5 per cent to 987,000 tonnes and have declined by 1.4 per cent to 4.34 million tonnes on a rolling 12-month basis.

Airport Authority Hong Kong executive director airport operations, CK Ng says: “In March, HKIA was delighted to welcome the arrival of the first A350 aircraft, operated by Finnair between Hong Kong and Helsinki. This new generation aircraft is quieter, more energy efficient and environmental friendly.”