Cargo volumes carried by Asia Pacific’s airlines increased for the third consecutive month in November, thanks to recovery in global manufacturing activity, according to the latest report from the Association of Asia Pacific Airlines (AAPA). Buoyed by an acceleration in new export orders, international trade flows continued to rebound in November. However the demand was still down 11.3 percent year-on-year, AAPA noted. Also read: Bellyhold shortage holds back air cargo market recovery in … [Read more...] about AAPA: Air cargo markets sustained recovery in November
Association of Asia Pacific Airlines
Bellyhold shortage holds back air cargo market recovery in APAC
Asia Pacific airlines carried 13 percent less international cargo in October compared to a year ago even as business conditions continued to improve globally, according to the Association of Asia Pacific Airlines (AAPA). Whilst international air cargo demand remained relatively firm, not the same could be said about the passenger side which absorbed the impact of border closures and travel restrictions and resulted to lack of bellyhold space and capacity shortages for air cargo … [Read more...] about Bellyhold shortage holds back air cargo market recovery in APAC
Several Asia Pacific carriers face existential threat, AAPA says
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
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
