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SINGAPORE CHANGI AIRPORT MAINTAINS DOUBLE-DIGIT CARGO GROWTH IN Q3
October 22, 2024

Singapore Changi Airport experienced double-digit cargo growth in the third quarter.

 

This marks the third consecutive period of year-on-year growth for the hub after seven quarters of decline.

 

From July to September, Changi Airport handled 512,000 tonnes of airfreight throughput, exceeding the same period last year by 13.5%.

 

This is also higher than the 486,000 tonnes recorded during the second quarter and the 475,000 tonnes handled by the airport in the first quarter of the year.

 

"Growth was seen across all cargo flows – exports, imports and transhipments contributed by major improvements in cargo flows between Singapore and China, as well as the United States," the airport said in a statement.

 

It added that for this period, Changi's top five air cargo markets were Australia, China, Hong Kong, India and the United States.

 

Lim Ching Kiat, executive vice president for Air Hub and Cargo Development at the Changi Airport Group, said North Asia continued to be the top performer this quarter, building on the strong momentum we have seen over the past year — adding that markets like China, Hong Kong and Japan have shown good growth for both outbound and inbound travel.

 

"This year, we have partnered closely with Chinese carriers to expand connectivity by adding four new routes to Jieyang Chaoshan, Linyi, Quanzhou and Taiyuan, and more flights to key cities like Shanghai, Beijing and Chongqing. With the upcoming year-end travel season upon us, we hope to welcome more travellers to Changi Airport," he further said.

 

As of October 1, 96 airlines operate over 7,000 weekly scheduled flights at Changi Airport, connecting Singapore to 161 cities in 50 countries and territories worldwide.