China's August air freight makes weak recovery with volume rising 0.1pc

THE latest figures from the Civil Aviation Administration of China (CAAC) show that China's air cargo made a weak recovery with a year-on-year growth of 0.1 per cent in August to 455,600 tonnes after falling for two months in a row in June and July.

From January to August, the country's air freight volume totalled 3.42 million tonnes, down 4.1 per cent year on year, China Securities Journal reports.

In August, domestic cargo grew 4.9 per cent to 321,600 tonnes, while international cargo dropped 9.9 per cent to 134,000 tonnes. Despite shrinkage in international cargo, air freight has improved with a 0.1 per cent increased compared to a decrease of 1.5 per cent in June and 3.4 per cent in July.

In the same eight months, passenger volume for the first time in this year recorded a double-digit growth of 11.3 per cent.