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
Association of Asia Pacific Airlines
Asia Pacific Airline profitability declined in 2019
Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific airlines recorded US$3.8 billion in combined net earnings in 2019, a 25% decline compared to the US$5.1 billion reported in 2018. Profitability was impacted by intense competition adding downward pressure on yields, whilst air cargo demand was significantly affected by the escalation of trade disputes, including tit-for-tat trade tariffs between the US and … [Read more...] about Asia Pacific Airline profitability declined in 2019
Asia Pacific May 2019 Airlines Traffic Results
Preliminary traffic figures for the month of May released by the Association of Asia Pacific Airlines (AAPA) showed moderate growth in international air passenger markets, with sustained regional economic expansion supporting business and leisure travel markets. However, air cargo demand fell further, as export activity continued to slow in the face of challenging business conditions. A combined total of 30.4 million international passengers were carried by Asia Pacific airlines in … [Read more...] about Asia Pacific May 2019 Airlines Traffic Results
Aviation Cyber Stakeholders discuss challenges and vulnerabilities
The Asia Pacific is recognised as the largest and fastest growing aviation region in the world. A successful aviation industry creates an environment of increasing connectivity, drives economic development and helps bring people closer together by providing safe and secure travel. Like most modern industries, the aviation sector is dependent on both physical infrastructure and digital information networks. The Association of Asia Pacific Airlines (AAPA), supported by the Qantas … [Read more...] about Aviation Cyber Stakeholders discuss challenges and vulnerabilities
AAPA Assembly of Presidents discuss Asia Pacific carriers
Despite all the pressure and risk, Asia Pacific carriers are well-placed to capture market opportunities in an expanding global economy. Improvements in global trade sentiment have delivered a robust 10% growth in air cargo volumes, a welcome development for Asian carriers which account for nearly 40% of global air cargo traffic. Although there has been considerable pressure on yields in a fiercely competitive environment, Asia Pacific carriers in aggregate are expected to deliver … [Read more...] about AAPA Assembly of Presidents discuss Asia Pacific carriers
Asia Pacific Airlines June 2017 Traffic Results
Preliminary traffic figures for the month of June released by the Association of Asia Pacific Airlines (AAPA) showed sustained growth in international air passenger demand, and continuing robust growth in demand for international air cargo. In June, the number of international passengers carried by the region's airlines increased by 4.4% to an aggregate total of 25.2 million, with the upturn in global economic activity supporting business and leisure air travel demand. Reflecting … [Read more...] about Asia Pacific Airlines June 2017 Traffic Results
