Preliminary October 2024 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) revealed robust travel demand across the region, fuelled by healthy leisure and corporate travel appetites. International air cargo markets also saw potent growth, supported by businesses restocking inventories in preparation for the year-end holiday season and major online sales events. Asia Pacific airlines’ international passenger numbers increased by 19.0% year-on-year in October, … [Read more...] about Association of Asia Pacific Airlines report solid growth in passenger and cargo demand in October 2024
Associations
Association of Asia Pacific Airlines welcomes Lion Air as new member
The Association of Asia Pacific Airlines (AAPA) announced that Lion Air Indonesia has become a member of the Association with immediate effect. Based in Jakarta, Indonesia, Lion Air is Indonesia’s largest privately run airline and the largest budget airline in Southeast Asia. Founded in 1999, Lion Air today operates both international and domestic air services connecting different Indonesian cities to Singapore, Malaysia, Thailand, Australia, China, Japan, Korea, India, Pakistan, Uzbekistan, … [Read more...] about Association of Asia Pacific Airlines welcomes Lion Air as new member
Asia Pacific Airlines gather in Brunei for annual meeting
Leaders of Asia Pacific air carriers gathered in Brunei for the AAPA’s 68th Assembly of Presidents are buoyed by resiliently strong international air travel and cargo growth in 2024, which has resulted in the Asia Pacific region once again becoming the largest air transport market in the world. Themed ‘Future Proofing Asian Aviation,’ the Assembly will assess the industry’s recovery and the challenges to continued growth, including the ongoing supply chain issues affecting the timely delivery … [Read more...] about Asia Pacific Airlines gather in Brunei for annual meeting
September saw 9.4% growth for air cargo, IATA reports
The International Air Transport Association (IATA) released data for September 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 9.4% compared to September 2023 levels (10.5% for international operations) for a 14th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 6.4% compared to September 2023 (8.1% for international operations). This … [Read more...] about September saw 9.4% growth for air cargo, IATA reports
Asia Pacific airlines see robust passenger and cargo growth in September, driven by strong demand
Preliminary September 2024 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed healthy growth in both international air passenger and cargo markets, on the back of robust consumer and business demand. The region’s airlines registered an 18.8% year-on-year growth in the number of international passengers carried to a combined total of 29.2 million in September. Traffic volumes averaged 97.5% of the corresponding month in 2019. Demand as measured in revenue … [Read more...] about Asia Pacific airlines see robust passenger and cargo growth in September, driven by strong demand
Singapore signs air services agreements with five countries to grow air connectivity
Singapore has signed Air Services Agreements (ASAs) with Cuba, Dominican Republic, Kazakhstan, Seychelles and Switzerland at the International Civil Aviation Organization (ICAO) Air Services Negotiation Event (ICAN) 2024 which was held in Kuala Lumpur from 21 to 25 October 2024. ICAN is an annual international platform for civil aviation authorities around the world to come together and discuss air services agreements. Singapore has signed a new ASA with Cuba, with whom we do not have a ASA … [Read more...] about Singapore signs air services agreements with five countries to grow air connectivity
