Changi Airport airfreight throughput registered 154,000 tonnes for the month, a year-on-year decline of 10%.
From July to September 2022, airfreight movements totalled 470,000 tonnes, a decline of 6% year-on-year. Air cargo demand has weakened in recent months amid global economic uncertainty and inflationary pressures. The top five air cargo markets for the quarter were China, Australia, United States of America, Hong Kong and Japan.
Mr. Lim Ching Kiat, Changi Airport Group’s Managing Director for Air Hub Development said, “With more borders re-opening and as travel recovery picks up pace, we expect Changi Airport to handle 80% of pre-Covid flights by year end. This month also marks a significant milestone for the airport, with Changi operating all four terminals after more than two years. We continue to work closely with our airline partners to increase flight frequencies and connectivity to better serve our passengers.”