Asia Pacific’s carriers saw stable demand for international air cargo in July, traffic figures from the Association of Asia Pacific Airlines (AAPA) revealed. July cargo traffic, in freight tonne kilometres (FTK), was down 16 percent from the levels seen last year. Meanwhile, average load factor was 10.4 percentage points higher at 69.7 percent for July, which AAPA attributed to the sharp reduction in bellyhold capacity as most passenger operations remain grounded. Compared to the … [Read more...] about Carriers saw more stable cargo demand in July: AAPA
July
Slow cargo uptick in July, Asia still weak
The International Air Transport Association (IATA) announced global air cargo traffic results for July showing a continuation of the modest improvement trend experienced in June. Global freight tonne kilometres (FTKs) were up 1.2 per cent in July year-on-year, slightly better than the 0.9 per cent year-on-year increase recorded in June, as growth in Europe and the Middle East offset weakness in Asia. As a result of the July performance, air freight volumes are at their highest level … [Read more...] about Slow cargo uptick in July, Asia still weak
