Loading

Incheon Airport passenger numbers edge back from lows, but cargo flat-lining

Incheon International Airport, South Korea's main gateway, reported passenger numbers were down 10.1% year-on-year in Mar-2009 - the best figure since Oct-2008.

But recovery in the important freight segment was short-lived, with cargo volumes falling 14.8% year-on-year to 228,194 tonnes - worse than the 13.4% reduction in Feb-2009. A full recovery could take several more months, and is highly dependent on the performance of the US economy.

Incheon International Airport passenger numbers growth vs cargo volume growth: Apr-08 to Mar-09

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More