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        	  Air traffic at Hong Kong International Airport 
			  (HKIA) continued to stabilise in July 2009, with year-on-year 
			  drops in passenger throughput, cargo tonnage and air traffic 
			  movements narrowing from the previous month. 
						Cargo traffic saw an 
			  improvement from the double-digit plunges that had been recorded 
			  since November 2008. During July 2009 HKIA handled a total of 
			  291,000 tonnes of cargo, 4 million passenger trips and 23,315 air 
			  traffic movements, representing year-on-year decreases of 8.3%, 
			  9.5%, and 9.9%, respectively. 
						While the volume of cargo 
			  exports declined by approximately 13% year on year, imports and 
			  transshipments showed a low single-digit decrease as compared to 
			  same period last year. 
						Key export markets experiencing 
			  double-digit drops included Europe, North America, South East Asia 
			  and Japan.  
						On the passenger side, Hong Kong residents showed a 
			  yearly growth of around 3%, while visitors declined by around 17% 
			  and transfer/ transit passengers dipped approximately by 10%. 
						Key 
			  visitor markets impacted included South East Asia, Chinese 
			  Mainland, Taiwan, North America and Japan. 
						Stanley Hui Hon-chung, 
			  Chief Executive Officer of the Airport Authority Hong Kong, said 
			  the public's receding concern over Swine Flu (H1N1) and the 
			  summer travel peak were the two major reasons behind last month's 
			  comparatively better performance in passenger traffic. 
						He said, 
			  "The latest figures indicate that the downward momentum may have 
			  slowed. While we believe air traffic figures will see milder drops 
			  in the months ahead, it will take some time before overall traffic 
			  performance returns to pre-crisis levels. The business climate is 
			  still challenging as economic activities remain low and this 
			  couples with the difficult operating environment for the aviation 
			  industry would continue to affect the pace of recovery." 
						For the first seven months of the year, HKIA's passenger traffic 
			  was down by 8.4% to 26.4 million, while cargo throughput dropped 
			  18.1% to 1.8 million tonnes and aircraft movements slid 8.0% to 
			  161,605. 
						On a rolling 12-month basis, the airport handled 
			  46.2 million passenger trips and 3.2 million tonnes of cargo, 
			  representing year-on-year declines of 6.7% and 16.1%, 
			  respectively. Cumulative air traffic movements showed a reduction 
			  of 5.1% to 287,055.   
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		July 2009,
		
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