Air cargo remained weak in June

International passenger movement continued to rise, according to AAPA figures

AAPA Association of Asia Pacific Airlines decline freight capacity global trade weak air cargo demand weakness

Preliminary traffic figures for the month of June from the Association of Asia Pacific Airlines (AAPA) showed weak international air freight markets while growth of international passenger demand has remained steady.

International air cargo demand, expressed in freight tonne kilometre (FTK) terms, was 0.8 per cent lower in June compared to the same month last year, reflecting continued weakness in global trade conditions. Offered freight capacity declined by 1.4 per cent, leading to a 0.4 percentage point increase in the average international air cargo load factor to 67.8 per cent.