Preliminary financial performance figures released by the Association of Asia Pacific Airlines (AAPA) revealed that Asia Pacific airlines registered US$6.9 billion in aggregate net earnings for the full year 2016. Solid growth in passenger demand, coupled with renewed strength in air cargo markets, helped negate yield pressures resulting from stiff competition, while the fall in jet fuel prices had an ameliorating effect on airline operating costs. During the year 2016, Asia Pacific … [Read more...] about Asia Pacific Airlines Profitability Sustained in 2016
Association of Asia Pacific Airlines (AAPA)
AAPA figures reveal “shocking” cargo decline
Recently released figures from the Association of Asia Pacific Airlines (AAPA) indicate that international air cargo traffic for 2008, expressed in freight tonne kilometres (FTKs), suffered a 6.1 per cent decline and while member airlines reduced cargo capacity significantly, the average cargo load factor for the year still fell by one percentage point to 65.6 per cent. The AAPA members carried 141.5 million international passengers in 2008, 1.8 per cent fewer than the record levels achieved in … [Read more...] about AAPA figures reveal “shocking” cargo decline
AAPA figures reveal "shocking" cargo decline
Recently released figures from the Association of Asia Pacific Airlines (AAPA) indicate that international air cargo traffic for 2008, expressed in freight tonne kilometres (FTKs), suffered a 6.1 per cent decline and while member airlines reduced cargo capacity significantly, the average cargo load factor for the year still fell by one percentage point to 65.6 per cent. The AAPA members carried 141.5 million international passengers in 2008, 1.8 per cent fewer than the record levels achieved in … [Read more...] about AAPA figures reveal "shocking" cargo decline
