July cargo figures still remain down:AAPA

Weak markets continue to affect air cargo demand

AAPA air cargo demand air freight markets Association of Asia Pacific Airlines July Traffic figures weak export markets

Air freight markets remained depressed, according to the preliminary traffic figures for the month of July released by the Association of Asia Pacific Airlines (AAPA). However, international air passenger traffic has continued to grow. International air cargo demand declined by 5.1 per cent reflecting weak export markets. Freight capacity also fell by 5.0 per cent. Commenting about the results, Andrew Herdman, AAPA director general said, that “international air cargo demand fell by 4.4 per cent during the same period, reflecting continued weakness in key export markets”.