Hong Kon stainless steel valve g airport sees slowing traffic, cargo volumes
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Hong Kong airport sees slowing traffic, cargo volumesPublished: 17 Mar 2009 01:47:55 PSTMar. 17, 2009 (China Knowledge) — Hong Kong International Airport last month saw its air traffic volumes continue the downward trend amid the global financial crisis, the official Xinhua News reported, citing Stanley Hui Hon-chung, CEO of the airport authority, as saying.The passenger volume declined 13.7% year on year to 3.4 million. The number of local passengers decreased over 20% from the previous year mainly due to the traditional Chinese Lunar New Year, which is conventionally the travel peak, fell in January in 2009.The cargo volume dropped 19.7% year on year to 198,000 tons during the same period, continuing to record double-digit loss, according to the report.However, the CEO said that the loss in cargo volume was not that severe as that in the previous months and the traffic volume is likely to remain weak as the world’s major economies continue to slow down.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News电炉 除湿机 办公室装修 苏州货运公司 kitchen cabinets wholesale rta kitchen cabinets 激光切割机 lithium batteries kitchen accessories