Preliminary traffic figures for the full calendar year 2016 released by the Association of Asia Pacific Airlines (AAPA) reaffirmed continued solid growth in demand for international air travel, whilst air cargo markets showed renewed strength in the second half of the year after a weak start. Boosted by the widespread availability of competitive airfares and continued expansion in network connections, the region’s airlines carried a combined total of 293 million international passengers … [Read more...] about Asia Pacific outlook for 2017 remains positive
Asia Pacific airlines
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