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Fraport sees lower cargo volumes in 2022 as the ongoing war in Ukraine, restrictions in China and a slowing global economy continue to weigh on its performance.
Cargo volumes (including airfreight and airmail) at Europe's busiest cargo airport fell 13.3% year-on-year to 2 million metric tons last year. It was also 5.6% below the pre-coronavirus level seen in 2019.
"Major factors contributing to this decline include airspace restrictions related to the war in Ukraine, China's dynamic zeroing strategy that has been pursued for almost the entire year, and an overall economic slowdown," Frankfurt said in its report.
In 2022, Frankfurt's aircraft movements will increase by 45.9% year-on-year to 382,211, but it will still be 25.6% lower than in 2019.
In December alone, cargo throughput in Frankfurt fell by 19.0% to around 159,671 metric tons, still reflecting the overall economic slowdown and the impact of war-related airspace restrictions in Ukraine.
At the same time, passenger traffic in Frankfurt has recovered as cargo volumes continue to decline, with 48.9 million passengers in 2022, almost double the number in 2021, an increase of 97.2%.
Demand remained subdued early last year amid concerns over the spread of the new coronavirus variant, the Omicron.
But Frankfurt said that from March 2022 to the end of the year; passenger traffic will grow very rapidly. Compared to pre-crisis levels in 2019, FRA passenger traffic in 2022 is still down 30.7%.
Dr. Stefan Schulte comments: "2022 will be a very turbulent and challenging year for the aviation industry as a whole. Following the lockdown at the beginning of the year, the sudden and sharp increase in demand puts heavy pressure on all process partners who are speeding up their operations. Due to The complexity of the system, the erratic restart of air traffic operations at many airports, including Frankfurt.",
CEO of Fraport AG. "Looking ahead, we are confident of seeing further growth in 2023...Nevertheless, the situation remains challenging," Schulte added.
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In Eastern Europe, DHL has advantages in Romania, Bulgaria, Moldova, Hungary and other places while EMS has advantages in Greece, Russia, Turkey and other places. Western Europe, Northern Europe, southern Europe can use DHL international express, TNT international express, these two kinds of customs clearance capacity. TNT has a clear advantage in the Netherlands and Belgium.
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Middle East express ARAMEX, EMS for Middle East region. Commercial express in Africa is very expensive. In remote areas, IT is suggested to send EMS international express. EMS countries have the strongest customs clearance capacity. The air express dhl global forwarding freight shared services can reach many countries and regions that commercial express and postal express cannot reach, so the wide range of dhl global forwarding freight shared services transportation is its advantage.
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In the process of international transportation, there are many factors affecting the price of transportation, in addition to some fuel and labor costs, there are many important factors. For example, the nature of the dhl global forwarding freight shared services, its own value and packaging form, as well as stowage factor and transporter's requirements for transportation, etc. There will be some fixed costs during the use of the ship, such as the ship's maintenance insurance and fuel consumption. There is also the change of supply and demand in the dhl global forwarding freight shared services market. In the transport off-season, transport prices are relatively low, in the transport of the peak season, transport prices will be relatively high.
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Fraport sees lower cargo volumes in 2022 as the ongoing war in Ukraine, restrictions in China and a slowing global economy continue to weigh on its performance. Cargo volu…
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