Asia Pac cargo volumes remain steady at -22%

Figures released by the Association of Asia Pacific Airlines (AAPA) showed air cargo demand remained depressed in April, with AAPA international freight tonne kilometres (FTKs) down 21.9 per cent, year-on-year. The AAPA average international cargo load factor was five percentage points lower, at 62.8 per cent. For the first four months of the year, AAPA […]


AAPA air cargo traffic down declines tentative signs


Figures released by the Association of Asia Pacific Airlines (AAPA) showed air cargo demand remained depressed in April, with AAPA international freight tonne kilometres (FTKs) down 21.9 per cent, year-on-year. The AAPA average international cargo load factor was five percentage points lower, at 62.8 per cent. For the first four months of the year, AAPA international air cargo traffic was down 24 per cent compared to the same period last year. “The air cargo business remains depressed as a result of the sharp slowdown in international trade,” said AAPA director general, Andrew Herdman. But he added that there were “some tentative signs that we may at least be through the worst.” “The April figures, although poor, are not quite as bad as the declines we experienced in the first three months of the year.