SINGAPORE: Asia-Pac airlines post ‘solid growth’ in 2010

Asia Pacific airlines recorded “solid growth” in 2010 with a strong rebound in cargo volumes and passenger numbers, the Association of Asia Pacific Airlines (AAPA) said recently. International air cargo demand grew by 24.2 per cent in freight tonne kilometers year-on-year, following declines of 10 and seven per cent in 2009 and 2008 respectively. “Asia […]


Asia Pacific airlines recorded “solid growth” in 2010 with a strong rebound in cargo volumes and passenger numbers, the Association of Asia Pacific Airlines (AAPA) said recently. International air cargo demand grew by 24.2 per cent in freight tonne kilometers year-on-year, following declines of 10 and seven per cent in 2009 and 2008 respectively. “Asia Pacific carriers enjoyed a year of solid growth, with robust demand for both leisure and business travel, and the strong rebound in international trade, led by dynamic growth of the Asia Pacific region,” AAPA director general Andrew Herdman said in a statement. “Given expectations of further sustained growth in traffic demand, the outlook for the new year remains broadly positive,” he said. “The prevailing shift of political influence and commercial dynamism towards Asia should result in players from the region playing an increasingly important role in shaping the future of the air transport industry.”