Andrew Herdman

More of the same with April cargo flat: AAPA

by Payload Asia

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

by Payload Asia

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

by Payload Asia

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

Asia Pacific airlines continue to see declining demand/load factors

by Payload Asia

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

Asia Pacific carriers eek out 1.6% cargo growth in 2015: AAPA

by Payload Asia

Preliminary traffic figures for the full calendar year 2015 released by the Association of Asia Pacific Airlines (AAPA) showed growth in both international air passenger and air cargo markets. For the year under review, the region’s airlines registered a 1.6 per cent increase international air cargo demand for the year, measured in freight tonne kilometres (FTK). The minimal growth for the year reflects the slowdown in global trade conditions, the AAPA noted. Offered freight capacity … [Read more...] about Asia Pacific carriers eek out 1.6% cargo growth in 2015: AAPA

Slow int’l trade depresses Nov cargo figures: AAPA

by Payload Asia

Preliminary traffic figures for the month of November released by the Association of Asia Pacific Airlines (AAPA) showed ongoing weakness in Air Cargo markets, contrasted by robust growth in international air passenger demand. Air cargo demand, in freight tonne kilometre (FTK) terms, declined by 2.4 per cent in November, with key manufacturing economies experiencing soft market conditions as a result of the slowdown in international trade. After accounting for a 1.8 per cent expansion in … [Read more...] about Slow int’l trade depresses Nov cargo figures: AAPA