MALAYSIA: Asia Pacific airlines see February cargo drop

Preliminary traffic figures for the month of February released by the Association of Asia Pacific Airlines (AAPA) showed some moderation of passenger and air cargo demand growth. Airlines based in the Asia Pacific region saw international air cargo demand measured in freight tonne kilometres (FTK) fall by 4.2 per cent in February compared to the […]


Preliminary traffic figures for the month of February released by the Association of Asia Pacific Airlines (AAPA) showed some moderation of passenger and air cargo demand growth. Airlines based in the Asia Pacific region saw international air cargo demand measured in freight tonne kilometres (FTK) fall by 4.2 per cent in February compared to the same month last year. Offered freight capacity increased by 1.7 per cent, resulting in a 4 percentage point decline in the average international cargo load factor to 69.7 per cent. Commenting on the results, Andrew Herdman, AAPA Director General said: “International air cargo demand has stabilised following the very sharp rebound last year, but nevertheless Asian airlines recorded further modest growth of 1.7 per cent in international freight traffic for the first two months of the year.” Herdman added: “Despite the positive start to the year, the outlook for aviation was already clouded by the sharp rise in oil prices that could undermine the global economic recovery.”