AAPA Director General Mr. Subhas Menon in a statement said several Asia Pacific carriers may face an existential threat unless they get recapitalisation or fund injections. Although he did not state or pinpoint which airlines are affected. September figures released by AAPA showed “markedly depressed levels” for passenger and cargo demand year on year, and the trade association sees “no recovery in sight.” AAPA noted that although manufacturing conditions further improved globally, some … [Read more...] about Several Asia Pacific carriers face existential threat, AAPA says
Association of Asia Pacific Airlines
Cargo down 19.3 percent in August, as AAPA asks states to tune border rules
Asia Pacific airlines saw international cargo demand (in FTKs) slide 19.3 percent year-on-year in August, with the Association of Asia Pacific Airlines (AAPA) citing ongoing weakness of global trade flows. Freighter operations remained active but significant cuts in passenger operations led to a 33.4 percent year-on-year drop in offered freight capacity. As a result, the average international freight load factor jumped 12.3 percentage points to 70.6 percent for the month. Cargo … [Read more...] about Cargo down 19.3 percent in August, as AAPA asks states to tune border rules
Asia Pacific’s air cargo demand contracts 16 percent in H1
Figures from the Association of Asia Pacific Airlines (AAPA) show a 20% drop in air cargo demand (expressed in freight tonne kilometres) for the month of June, as export demand continued to dwindle on the back of economic weakness aggravated by disruptions to global supply chains, a press release stated. Meanwhile, offered freight capacity in June fell 27.2 percent with most passenger aircraft grounded, resulting in a 5.6 percentage point increase in the average international freight load … [Read more...] about Asia Pacific’s air cargo demand contracts 16 percent in H1
The Association of Asia Pacific Airlines has released its traffic results for May 2020
Preliminary May 2020 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that the COVID-19 pandemic continued to weigh heavily on international air passenger and cargo markets, with the travel and tourism sectors crippled by widespread lockdowns and travel restrictions. In aggregate, the region's airlines carried only 785,000 passengers in May, a 97.5 percent decline compared to the same month last year. The slump in demand, combined with a 92.5 percent … [Read more...] about The Association of Asia Pacific Airlines has released its traffic results for May 2020
AAPA welcomes ICAO guidance on restarting international aviation
The Association of Asia Pacific Airlines (AAPA) has welcomed the publication of comprehensive guidance material by the International Civil Aviation Organisation (ICAO) in support of coordinated efforts to restart international air travel. Most international flights worldwide have been grounded by border closures, and other travel restrictions, imposed in response to the COVID-19 pandemic. The guidelines have been developed by governments and air transport industry stakeholders, working … [Read more...] about AAPA welcomes ICAO guidance on restarting international aviation
AAPA calls for standardised health guidelines to facilitate air travel measures to be consistent, pragmatic, and risk-managed
The COVID-19 pandemic has seriously affected global economic activity, including trade, tourism and employment levels. Indeed, the grounding of flights and drastic reduction in air links has wider detrimental effects on society and the economy. Aviation supports 65.5 million jobs around the world, with one job in the industry supporting 24 other jobs in the wider economy, but these livelihoods are now jeopardized due to the drastic plunge in travel demand. The United Nations World Tourism … [Read more...] about AAPA calls for standardised health guidelines to facilitate air travel measures to be consistent, pragmatic, and risk-managed