Shanghai airports to miss 2008 passenger traffic target

Shanghai Airport Authority, operator of Pudong and Hongqiao airports, stated it would fall short of its 2008 passenger volume target of 56 million passengers. Shanghai's air travel market has been hit hard by the domestic disturbances this year, as well as the global economic slowdown. Authority Chairman, Wu Nianzu, stated, "many other sectors are feeling the pinch of the crisis and airports are no exception".