Chart of the Day: See the massive drop in Singapore’s air passenger traffic in Q2

Traffic growth is still burdened by Thai unrest.

Changi Airport saw fewer passengers this quarter, as the transportation sector’s growth eased to 2.2% from 5.5% in Q1.

According to the Ministry of Trade and Industry’s Economic Survey of Singapore for the second quarter, growth in the sector was weighed down both by the air and sea transport segments.

Growth in air passenger traffic also remained weak at 1.7 per cent, a further moderation from the 2.1 per cent growth in the first quarter. The weakness in air passenger traffic was due primarily to the continued fall in air passenger traffic along the Thailand-Singapore air route,” noted the report.

Meanwhile, growth in the sector was weighed down by the water transport segment. Specifically, total sea cargo expanded by a much slower 2.1 per cent, as compared to the 13 per cent in the previous quarter.