Macau proves recession proof

Written on July 2, 2006 by a2zMacau

July 3, 2006 | AirSider | Despite high profile setbacks, Macau International Airport’s cargo traffic continues to grow, with a surge in traffic in the last quarter of 2001 enabling the airport to shrug off the global downturn. Peter Conway reports.

For most airports, the question in 2001 was not so much how much growth they achieved, as how small a fall in volumes they were able to get away with. In a year when even major hubs saw double digit falls in air cargo tonnage, no airport could surely expect to see growth.

Yet for Macau International Airport it was as if the global slowdown and the disruption following 11 September never happened. The airport not only saw a 11.7 percent rise in volumes to 76,076 tonnes in 2001; it even saw growth quicken in the last few months of the year.

Full article here…