Cargo demand jumps 20.5% in Feb: AAPA

Preliminary traffic figures for the month of February released by the Association of Asia Pacific Airlines (AAPA), showed strong growth in both air cargo and international passenger markets during the month.


Cargo demand jumps 20.5% in Feb: AAPA


Preliminary traffic figures for the month of February released by the Association of Asia Pacific Airlines (AAPA), showed strong growth in both air cargo and international passenger markets during the month.

International air cargo demand, as measured in freight tonne kilometres (FTK) registered a hefty 20.5 per cent jump in February, year-on-year, outpacing a 12.6 per cent increase in offered freight capacity, which resulted in a 4.2 percentage points increase in the average international freight load factor, to 65.2 per cent.

Commenting on the results, Andrew Herdman, AAPA director general said: “Th e timing of the Chinese New Year holiday period affects the monthly comparisons, but taken together, the first two months of the year saw an 8.2 per cent increase in the number of international passengers carried by Asia Pacific airlines to a combined total of 44.3 million, buoyed by healthy demand to major holiday destinations in the region.”

“Air freight demand achieved an impressive 12.8 per cent increase during the same two month period, with robust demand for Asian exports, particularly to North America where the recent port dispute affected some maritime shipping operations.”

Looking ahead, Herdman said: “Th e demand outlook for Asian carriers remains broadly positive, supported by the benefits of lower oil prices.