More than a year since the World Health Organisation declared a pandemic, Asia Pacific’s carriers are still reeling from the financial and business impact of Covid-19 in the passenger business as cargo remains to be the bright spot. International air cargo demand for airlines in the region grew 16.1 percent year-on-year in March, according to the latest data from the Association of Asia Pacific Airlines (AAPA). This has been the best month so far for the airlines since December 2019, with … [Read more...] about One year on: Asia Pacific air cargo up 16 percent in March
Subhas Menon
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
AAPA’s Assembly of Presidents to meet in virtual format
The Association of Asia Pacific Airlines (AAPA) announced that the annual Assembly of Presidents, initially scheduled to take place in Japan in November, will now be conducted virtually due to ongoing travel restrictions and blanket quarantine requirements in the region. Commenting on the decision, Subhas Menon, AAPA’s director general, “We had very much hoped that we could hold a physical meeting in Japan this year, but unfortunately circumstances do not allow for this to happen. Borders … [Read more...] about AAPA’s Assembly of Presidents to meet in virtual format
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
