New York area airports poised for growth
Asia and the Middle East represent important business for Port Authority of New York & New Jersey (PANYNJ) area airports with Asia alone, representing 48 per cent of its airportÃ¢â‚¬™s traffic and the Middle East ringing in with around nine per cent.
November 1, 2009
Ã¢â‚¬Å“Things were somewhat brighter on the export side to the Middle East,Ã¢â‚¬Â reports Michael. J. Bednarz, manager Air Cargo Business Development, PANYNJ Aviation Department. Although Asian exports were down -28.3 per cent (136,000 tonnes), Middle East exports were only down -18.8 per cent (39,000 tonnes).
Tonnage from India is faring well. Out of the New York Customs DistrictÃ¢â‚¬™s top ten trade partners from Asia, India has performed the best in terms of total traffic growth for the January to August 2009 year-to-date period. Ã¢â‚¬Å“This especially holds true for imports where India has climbed to our number five top import trade partner,Ã¢â‚¬Â says Bednarz.
Exports to Asia continue to be driven by the machinery, electrical machinery, medical and optical instruments, and pharmaceutical products. Ã¢â‚¬Å“WeÃ¢â‚¬™ve also seen a lot of aircraft related commodities moving, especially helicopters,Ã¢â‚¬Â comments Bednarz.