Incheon airport picking up in 2017
International air cargo activities at South Korea's Incheon airport witnessed a good start in 2017. In June, 240,000 t of cargo was handled, a 4.4% rise vis-à-vis the same month of 2016. In general, export cargo from South Korea has seen a steady rise over the last fifteen months, with products such as semiconductors and display-making equipment picking up.
Long-haul routes to the Americas (+4.2%) and Europe (+6.9%) are developing well, and services to Southeast Asia (+6.5%) and Japan (+6.3%) are doing even better. Overall, cargo growth is on a positive path, but routes to China have seen 3.9% decreases compared to 2016. The airport attributed this decline to political developments.
Even though Chinese authorities have started a customs go-slow on account of the deployment of a US anti-ballistic missile defence system in South Korea, transhipment to China via Incheon nevertheless picked up by 6.2% in June. (kd)