Association of Asia Pacific Airlines releases August traffic results
The Association of Asia Pacific Airlines (AAPA) released its preliminary traffic figures for the month of August, showing growth in international air passenger demand and a solid expansion in international air cargo markets.
September 27, 2017
The Association of Asia Pacific Airlines (AAPA) has released its preliminary traffic figures for the month of August, which showed encouraging growth in international air passenger demand. Meanwhile, the solid expansion in international air cargo markets continued unabated. Growth in both markets was supported by high business confidence levels across the services and manufacturing sectors in major advanced and emerging economies.
This month also saw the region’s airlines record a 5.6% increase in the number of international air passengers carried to a combined total of 27.8 million, boosted by a combination of higher leisure travel demand during the holiday season as well as travel for business purposes. Reflecting an on-going strength in long haul markets, demand in revenue passenger kilometre (RPK) terms increased by 7.1%. Available seat capacity expanded by 6.7%, resulting in a marginal 0.3 percentage point increase in the average international passenger load factor to 81.7% for the month.
Firm demand for manufactured products, particularly pharmaceutical goods and technological equipment, underpinned August’s strong 12.2% increase in air cargo demand as measured in freight tonne kilometres (FTK). The growth in air cargo volumes significantly out-paced the 5.6% expansion in offered freight capacity, leading to a 3.8 percentage point rise in the average international freight load factor to 64.1% for the month.