Asia Pacific airline leaders are endeavouring to reverse recent declines in profitability, where fierce competition has resulted in reduced yields for all carriers, regardless of business model, the Association of Asia Pacific Airlines (AAPA) said its annual Assembly of Presidents meeting in Bali. While Asia Pacific airlines continued to experience strong passenger growth in the world's largest aviation market over the past 12 months, a modest growth in air cargo this year, was not enough to … [Read more...] about Asia Pacific airlines facing fierce competition
AAPA
Asian carriers see cargo decline 2.2% in July
Preliminary traffic figures for the month of July released today by the Association of Asia Pacific Airlines (AAPA) showed continuing weakening in air cargo demand and further robust growth in international passenger numbers. Air freight markets, on the other hand, softened in July reflecting a slowdown in world trade activity and weakening demand for Asian exports. Measured in freight tonne kilometre (FTK) terms, air cargo demand registered a 2.2 per cent decline compared to the same month … [Read more...] about Asian carriers see cargo decline 2.2% in July
Cargo growth remains flat: AAPA
Preliminary traffic figures for the month of June released by the Association of Asia Pacific Airlines (AAPA) confirmed softening air cargo markets while international passenger demand continued to grow. The recent moderation in air cargo markets extended into the month of June, with demand in freight tonne kilometre (FTK) terms registering a slight 0.5 per cent decline compared to the same month last year. With offered freight capacity increasing by 2.5 per cent for the month, the average … [Read more...] about Cargo growth remains flat: AAPA
May cargo demand up 2.9% for Asian carriers
Preliminary figures for the month of May released by the Association of Asia Pacific Airlines (AAPA) showed further gains in air cargo markets. Air cargo demand, in freight tonne kilometre (FTK) terms, increased by 2.9 per cent, whilst offered freight capacity grew by 5.1 per cent, leading to a 1.4 percentage point decrease in the average international freight load factor to 63.5 per cent for the month. Commenting on the results, Andrew Herdman, AAPA director general said: "International … [Read more...] about May cargo demand up 2.9% for Asian carriers
APAC air cargo markets grow in April
Preliminary traffic figures for the month of April released by the Association of Asia Pacific Airlines (AAPA) showed encouraging growth in both international passenger and air cargo markets. Air cargo markets continued to grow, in spite of April being a seasonally subdued month. In freight tonne kilometre (FTK) terms, demand was 3.7 per cent higher than the same month last year. Offered freight capacity expanded by 4.7 per cent, leading to a slight 0.6 percentage point decline in the … [Read more...] about APAC air cargo markets grow in April
Asia Pacific air cargo still surging
Turning to the preliminary traffic figures for the month of February released by the Association of Asia Pacific Airlines (AAPA), the data showed strong growth in both international air passenger and air cargo markets. International air cargo demand, as measured in FTK, registered a hefty 20.5 per cent jump in February, outpacing a 12.6 per cent increase in offered freight capacity, which resulted in a 4.2 percentage points increase in the average international freight load factor, to 65.2 … [Read more...] about Asia Pacific air cargo still surging
