ICN

Development efforts pay off as Xi’an welcomes Korean Air freighter flights 

On May 12, Xi’an International Airport (XIY) welcomed the first 777F operated by Korean Air as part of a scheduled flight via Seoul (ICN)-Xi’an (XIY)-Hanoi (HAN) utilizing a 777 freighter. The route launch supports various facets of Chinese regional and national aims to develop aviation hubs in line with international network expansion to meet evolving demand in China.   […]

Global airport throughput rebounds in March 

  Preliminary results from global airports indicate that the air cargo market improved in March from the steep declines in volumes witnessed during the first two months of the year. Overall, while the first quarter of 2019 was rocky, the resurgence in cargo throughput suggests that a couple of weak months may not portend a down 2019. On a regional basis, airports in Asia and the Americas posted mixed results for […]

New Cargolux flights underscore BUD, CGO as rising hubs

Luxembourg-based all cargo carrier Cargolux announced plans today to double its weekly service to Budapest (BUD), increasing from three to six connections weekly. The new flights will increase available capacity between Europe and China and support Budapest (BUD) and Zhengzhou (CGO) airports’ aims to become regional hubs.  The original Hong Kong (HKG)-BUD-Luxembourg (LUX) route operated by Cargolux […]

Early results point to steep declines in February airport throughput

February cargo throughput results for the world’s airports are still being finalized, but early analysis indicates year-over-year drops in cargo volumes in Europe and Asia, while American airports are close to flat with February 2018 traffic. Almost all airports worldwide posted year-over-year declines in volume for February and declines or very modest growth overall for 2019.   The impacts of an uncertain global trade environment, volatile economic performance across multiple markets and Brexit […]

Shifting economic conditions, mixed results in January airport throughput

Update: This information has been updated to include LAX and MEM. Cargo throughput results for the beginning of 2019 were mixed, with certain regions performing significantly better than others. Airports in North America saw the majority of growth in cargo volumes in January, while airports in Mainland China saw modest rebounds and European airports experienced […]
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