11-May-2009 11:28 AM
Asian air freight recovery? Shenzhen Airport reports April traffic – Share Wrap
Analysis
Everyone is looking for the start of the recovery in Asian air freight volumes (a key indicator of the health of the underlying global economy). Shenzhen Airport, serving key manufacturing zones in the important Pearl River Delta in China's Guangdong Province, reported a slight improvement in cargo throughput last month compared to March, but volumes are still down 8.4% year-on-year. Figures from HACTL and Hong Kong Airport, due out shortly, will shed further light on progress.
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