Hong Kong International Airport (HKIA) led the top 20 cargo airport rankings in 2022, handling 4.2 million tonnes of cargo, a 16.5% drop from 2021. The airport is expanding to a three-runway system (3RS) to meet passenger and cargo demand and maintain its position as the world's busiest cargo airport. The expansion will enable HKIA to handle an annual cargo volume of around 10 million tonnes. The airport is also the preferred international cargo gateway for the Greater Bay Area.
Air cargo traffic is primarily concentrated at major airports, with volumes in the top 20 representing around 42% of the global total. Cincinnati/Northern Kentucky International airport (CVG) is home to DHL Express' Global Superhub for the Americas and Amazon's primary US hub. CVG rose four spots to 17th position in the ACI World air cargo rankings for 2022, with volumes up by 16.8% versus 2021. DHL plans to invest more than $192m in capital improvements at its CVG hub, including the construction of a new maintenance hangar. Amazon Air continues to grow at its $1.5bn primary US hub there. CVG is diversifying its cargo operations by developing extra cargo handling facilities, including the airport's North Cargo Village project.
Air cargo, accounting for 35% of global trade value, is crucial for the global economy and a sign of economic growth. Airports are recognizing its importance and investing in it. However, success depends on network development planning, data investment, collaboration from governments, and technology support for human workforce.
(Source: Megan Ramsay. AIRCARGO NEWS. Read article here)
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