Preliminary traffic figures for the month of June released today by the Association of Asia Pacific Airlines (AAPA) showed some modest growth for air cargo demand for the first time since the start of the year while international air passenger demand continued to enjoy healthy growth. Air freight volumes for Asian airlines grew by 4.1 per cent as measured in freight tonne kilometre (FTK) terms. Offered freight capacity increased by 3.6 per cent, leading to a 0.3 percentage point increase in … [Read more...] about Modest growth in June first time this year for Asian carriers
AAPA
More of the same with April cargo flat: AAPA
Preliminary traffic figures for the month of April released today by the Association of Asia Pacific Airlines (AAPA) showed a continuation of established trends, with steady growth in international air passenger demand, whereas air cargo markets remained weak. In contrast to a 6.4 per cent growth in passengers (RPK) in the month of April, air cargo demand was flat with volumes in freight tonne kilometre (FTK) terms similar to those registered in the same month last year. Expansion in … [Read more...] about More of the same with April cargo flat: AAPA
Asia Pacific airlines return to profitability in 2015: AAPA
Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) revealed that Asia Pacific airlines recorded US$6.9 billion in combined net earnings in 2015, an upswing from net losses of US$1.2 billion reported for the year 2014. The AAPA said the strong results were underpinned by sustained growth in passenger markets, lower fuel prices and operating efficiencies including a record high passenger load factor of 78.4 per cent and a small but … [Read more...] about Asia Pacific airlines return to profitability in 2015: AAPA
Asia Pacific carriers see 6.5% drop in cargo demand in Q1 yoy
Preliminary traffic figures for the month of March released today by the Association of Asia Pacific Airlines (AAPA) showed continued soft international air cargo market conditions while air passenger demand, continued to grow. Air freight volumes for Asian airlines registered a decline of 5.3 per cent despite a pick-up in Chinese exports following the Lunar New Year factory closures. Freight load factors for the region's carriers remained under pressure, with the average international … [Read more...] about Asia Pacific carriers see 6.5% drop in cargo demand in Q1 yoy
Asian carriers see precipitous 12% Feb cargo decline
International air cargo demand continues to suffer from the weakness in global trade volumes, as well as the Lunar New Year seasonal slowdown in factory operations in the region, according to the Association of Asia Pacific Airlines (AAPA). This made for distinctly gloomy cargo figures in February, with a 12.1 per cent decline (year-on-year) in air cargo demand as measured in freight tonne kilometre (FTK) terms for the month. Freight load factors for the region's carriers remained under … [Read more...] about Asian carriers see precipitous 12% Feb cargo decline
Asia Pacific airlines continue to see declining demand/load factors
Preliminary traffic figures for the month of January released today by the Association of Asia Pacific Airlines (AAPA) show soft conditions persisted for air cargo markets while robust growth in international air passenger demand continues. Weakness in global trade continued to hamper international air cargo markets for the region's carriers, as reflected in the 0.7 per cent decline in demand as measured in freight tonne kilometres (FTK) for the month. Freight load factors remained under … [Read more...] about Asia Pacific airlines continue to see declining demand/load factors