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Chinese cargo growth moderates in 2011 following post-recession recovery

3rd May, 2011

The spectacular rebound in China’s airfreight demand of 2009 and 2010 has slowed in 1Q2011. Chinese air cargo volumes increased by 2.0% in Mar-2010 to 489,000 tonnes, according to CAAC. Domestic cargo, which accounted for 66% of the total, increased 2.7% to 321,500 tonnes. Regional (Hong Kong, Macau and Taiwan) cargo volumes increased 2.2% to 19,500 tonnes and international cargo increased 0.6% to 167,500. [2074 words]

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This report contains the following subheadings:

  • Post-recession freight rebound over but volumes starting renewed upturn
  • Chinese cargo to be second fastest mover over next few years: IATA
  • Air China cargo rebounds in Mar-2011
  • China Eastern cargo volumes decline in Mar-2011
  • China Southern volumes increase after declining over Chinese New Year
  • Hainan Airlines cargo volumes weaker in Mar-2011
  • Cathay Pacific freight demand into Asia remains robust
  • HACTL notes disruptions from Japanese earthquake

This report contains the following charts and tables:

  • CAAC monthly passenger and freight growth: Jan-2009 to Mar-2011
  • Freight traffic growth trends
  • Air Freight Carried by freighter or Belly Hold (airline sample)
  • Air China Limited Cargo Volume (2009 to 2011)
  • China Eastern Airlines Cargo Volume (2009 to 2011)
  • China Southern Airlines Cargo Volume (2009 to 2011)
  • Hainan Airlines Cargo Volume (2009 to 2011)
  • Cathay Pacific Airways Cargo Volume (2009 to 2011)
  • Asia Airfreight Terminal (AAT) traffic growth: Mar-2010 to Mar-2011
  • HACTL traffic growth: Mar-2010 to Mar-2011
  • AAT traffic growth: 1Q2011
  • HACTL Mar-2011 and 1Q2011 traffic