Asia Pac sees passengers up, cargo down

Preliminary figures for the full calendar year 2011 released by the Association of Asia Pacific Airlines (AAPA) showed steady growth in international air passenger demand, but ongoing weakening of international air freight markets following the strong rebound in the preceding year.


Asia Pac sees passengers up cargo down


Preliminary figures for the full calendar year 2011 released by the Association of Asia Pacific Airlines (AAPA) showed steady growth in international air passenger demand, but ongoing weakening of international air freight markets following the strong rebound in the preceding year.

Asia Pacific international air cargo demand, expressed in freight tonne kilometre (FTK) terms, fell by 4.8 per cent in 2011, a reflection of weakening world trade conditions. In spite of the decline in freight demand, offered freight capacity matched that of the previous year, leading to a 3.4 percentage point decline in the average international freight load factor, to 66.6 per cent.

On the passenger side, Asia Pacific airlines carried 190 million international passengers in 2011, 3.5 per cent more than the previous year.

Commenting on the results, Andrew Herdman, AAPA director general said: “Despite a series of natural disasters including the devastating earthquake and tsunami in Japan, growth in international passenger traffic for Asian airlines held up relatively well in 2011. By contrast, the year saw air cargo demand weaken significantly compared to the restocking surge experienced in 2010, reflecting cautious management of supply chain inventories in the expectation of relatively weaker growth prospects for the major developed economies.”