March traffic growth moderates: AAPA

Preliminary traffic figures for the month of March from the Association of Asia Pacific Airlines (AAPA) reflect some moderation in demand growth for both air cargo and passenger travel, partly as a result of the effects of the Japanese earthquake on trade and travel patterns within the region.  Asia Pacific-based carriers saw international air cargo […]


AAPA Association of Asia Pacific Airlines March traffic


Preliminary traffic figures for the month of March from the Association of Asia Pacific Airlines (AAPA) reflect some moderation in demand growth for both air cargo and passenger travel, partly as a result of the effects of the Japanese earthquake on trade and travel patterns within the region.  Asia Pacific-based carriers saw international air cargo traffic demand, as expressed in freight tonne kilometres (FTK), rise by 0.4 per cent compared to the same month last year. However, available freight capacity increased by 5 per cent, resulting in a 3.2 percentage point fall in the average international cargo load factor to 70.4 per cent. But Herdman also noted that the first quarter saw a modest 1 per cent growth in cargo traffic compared to the very strong rebound in demand that the industry experienced in the same quarter 2010.