Cargo down, passengers up at Changi in 2012
Cargo volumes at Singapore Changi Airport declined by 3.2 percent during 2012 to 1.81 million tonnes. The airport ended the year by handling 152,900 tonnes of airfreight in December, 8.2 percent less than a year before.
Economic uncertainty in many parts of the world dampened airfreight volumes, Changi Airport said. Shipments to and from China and the U.S., Changi’s top cargo markets, declined after positive growth in 2011.
Despite the downward pressure on cargo volumes, niche segments such as perishables, live animals and pharmaceuticals grew during the year. Changi also achieved growth in cargo tonnage to and from Africa and the Oceania region.
During the year, CAG worked with its partners to enhance infrastructure and offerings at the Changi Airfreight Centre. It welcomed the opening of the FedEx Express South Pacific Regional Hub, a facility that consolidates FedEx’s air, ground and customs clearance operations within Changi’s Air Cargo Express Hub.
On the passenger side, Changi experienced its busiest month ever in December to cross the 50-million passenger movements mark for the first time in the airport’s 31-year history. Passenger traffic for the year totaled 51.2 million, increasing by 10 percent over 2011.