Asia-Pac carriers see solid 5.4% cargo growth: AAPA
Preliminary traffic figures for the month of November released by the Association of Asia Pacific Airlines (AAPA) showed growth in both air cargo traffic and international passenger numbers.
January 31, 2014
Preliminary traffic figures for the month of November released by the Association of Asia Pacific Airlines (AAPA) showed growth in both air cargo traffic and international passenger numbers. For Asia Pacific airlines, international air cargo demand in freight tonne kilometre (FTK) terms registered a solid 5.4 per cent increase compared to the same month last year, following a pickup in global demand for Asian exports. However, the average international freight load factor continued to edge downwards, registering a 0.5 percentage point fall to 67.2 per cent in November, after a 6.1 per cent expansion in offered freight capacity.
Commenting on the results, Andrew Herdman, AAPA director general said: “Over the past eleven months, Asia Pacific airlines carried a total of 200 million international passengers, six per cent more than in the same period last year, maintaining the pattern of steady growth seen over the past five years. Conversely, air cargo demand has remained relatively weak, with volumes 0.7 per cent lower compared to the same period last year, but has picked up in recent months in line with steadily improving global economic conditions.
Looking ahead, Asian carriers remain positive about prospects for further growth in demand for air travel in the coming year, and ongoing stabilisation of air cargo demand, supported by the gradual improvement in global business and consumer sentiment.”