The Association of Asia Pacific Airlines (AAPA) has released preliminary traffic figures for the full 2009 calendar year showing AAPA member’s international air cargo traffic down 11 per cent for the year. With carriers making corresponding reductions in cargo capacity, the average cargo load factor was 66.1 per cent - almost unchanged from the previous year. Looking ahead, Andrew Herdman, AAPA director general said: “The cargo business is regaining some of its dynamism, and … [Read more...] about AAPA 2009 cargo traffic down 11%
AAPA
AAPA: Asia cargo volumes recovering but weak
Preliminary figures released by the Association of Asia Pacific Airlines (AAPA) for August, point to a slowly recovering air cargo sector. For the month of August, international cargo traffic for AAPA member airlines in terms of freight tonne kilometres rose to 3.9 million FTK, a very close second to July's 3.95 million FTK. While tonnage was still 12.2 per cent below last August, the figure was second to July's 11.4 per cent drop from last year and a healthy improvement over the previous eight … [Read more...] about AAPA: Asia cargo volumes recovering but weak
Asia Pac cargo volumes remain steady at -22%
Figures released by the Association of Asia Pacific Airlines (AAPA) showed air cargo demand remained depressed in April, with AAPA international freight tonne kilometres (FTKs) down 21.9 per cent, year-on-year. The AAPA average international cargo load factor was five percentage points lower, at 62.8 per cent. For the first four months of the year, AAPA international air cargo traffic was down 24 per cent compared to the same period last year. “The air cargo business remains depressed as a … [Read more...] about Asia Pac cargo volumes remain steady at -22%
Asian air cargo declines 22% in March
Air cargo demand remained depressed in March, with the latest figures released by the Association of Asia Pacific Airlines (AAPA) showing a 21.9 per cent decline in international freight tonne kilometres (FTKs) compared with March of last year. The AAPA average international cargo load factor fell by five percentage points to 63.2 per cent. "The air cargo business remains severely depressed as a result of the sharp slowdown in international trade. For the first quarter of the year, AAPA … [Read more...] about Asian air cargo declines 22% in March
Asia Air Cargo Dives 11 Per cent
Freight traffic for Asian airlines plunged 11 per cent in October, the steepest decline for the carriers since 2001 and a worrying signal that the downturn is worsening. The decline measured by the Association of Asia Pacific Airlines was deeper than the 9 per cent drop the AAPA reported in September, and one that came during a period when carriers are normally ramping up business for the peak pre-Christmas shipping season. Traffic for the carriers measured in freight metric-tonne kilometers … [Read more...] about Asia Air Cargo Dives 11 Per cent
China : Asia-Pac airline association gives dire warning
Some airlines will not survive the global economic slump, an industry association has warned in Singapore, with the next 12 to 18 months being “extremely difficult” for Asia-Pacific carriers. Passenger numbers are falling as Americans and Europeans curtail travel plans in the fact of financial turmoil, according to the Kuala Lumpur-based Association of Asia Pacific Airlines. “The biggest challenges right now are weakening passenger demand, particularly for first- and … [Read more...] about China : Asia-Pac airline association gives dire warning
