Schiphol Cargo Q1 result reveals growth in China, Africa, LATAM

Amsterdam Airport Schiphol results for the first quarter 2018 reveals growth in both the China and Latin American markets.

Update: 2018-05-14 18:25 GMT
Schiphol Cargo Q1 result reveals growth in China, Africa, LATAM

May 14, 2018: Amsterdam Airport Schiphol results for the first quarter 2018 reveals growth in both the China and Latin American markets.

China showed an increase of 2.1 per cent at 30,735 tonnes from January to March 2018, compared with the same period last year, boosted by increased volumes from both freighter and belly cargo flights.

Trade with the Asian continent overall remained relatively stable, with a four per cent decrease in inbound cargo to 67,629 tonnes but a one per cent increase in outbound cargo, up to 75,182 tonnes.

Latin American cargo trade increased strongly, up ten per cent inbound at 34,097 tonnes and up 31 per cent outbound at 20,701 tonnes. Cargo imports from the continent were boosted by increased flower imports for St Valentine’s Day and International Women’s Day.

Similarly, African flower exports boosted outbound cargo, up seven per cent to 13,243 tonnes, although inbound cargo recorded a drop of five per cent to 28,818 tonnes.

European, North American, and Middle Eastern trade was slightly down in terms of overall cargo volumes in Q1 January to March 2018, 2.1 per cent down compared with the same period last year, (Q1 2017), to 411,539 tonnes.

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