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
international cargo
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
