SOUTH KOREA: South Korea sees May air cargo slippage

South Korea’s air cargo traffic declined in May from a year earlier partly due to less outbound shipments to quake-ravaged Japan, the transportation ministry said recently. South Korea’s air cargo shipments came to about 286,000 tonnes last month, down 8.7 per cent from the same month a year earlier, according to the ministry. International air […]


South Korea’s air cargo traffic declined in May from a year earlier partly due to less outbound shipments to quake-ravaged Japan, the transportation ministry said recently. South Korea’s air cargo shipments came to about 286,000 tonnes last month, down 8.7 per cent from the same month a year earlier, according to the ministry. International air cargo fell 9.9 per cent to 263,000 tonnes, while domestic cargo rose 8.8 per cent to 23,000 tonnes. Japan-bound shipments plunged 16.7 per cent from a year earlier as demand weakened following the deadly March 11 earthquake and ensuing nuclear crisis, the ministry said. Incheon International Airport, South Korea’s largest airport, handled a total of 253,000 tonnes of air cargo, down 10.6 per cent from a year earlier. Smaller airports in Gimpo, in western Seoul, and Gimhae, in Korea’s southeast, however, posted 17 per cent and 8.8 per cent on-year gains, respectively, the ministry noted.