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Cambodian air freight volumes buck global slowdown

AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS

AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS

Cambodian garments
© Daniel Halfmann
By

News from Cambodia, which last year saw air freight volumes grow 14% due to a surge in demand for its garment exports. The US, China and Japan were the three top destinations, with Chinese growth amounting to 34%, supported by Cathay Pacific operating dedicated freighters for over a year on the basis of strong demand. “Our cargo traffic is closely linked with the garment industry, so basically we grow when it does well,” said a Cambodia airports representative, and predicted 4-5% growth this year.

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