Aug 30, 2016: Air cargo volumes for Asian airlines in July grew by 3.9 percent as measured in freight tonne kilometre (FTK) terms, reports Association of Asia Pacific Airlines (AAPA).
Offered freight capacity increased by 3.4 percent, that represents 0.4 percentage point increase in the average international freight load factor to 62.1 percent for the month.
A total of 26.2 million international passengers were carried by Asia Pacific airlines in July, 10.2 percent more than in the same month last year. In revenue passenger kilometre (RPK) terms, international passenger demand grew by 8.4 percent, attesting to the strength of both regional and long haul travel demand.
Combined with the 7.3 percent expansion in available seat capacity, the average international passenger load factor rose by 0.8 percentage point to reach 81.8 percent for the month.
Andrew Herdman, director general, AAPA, said, “The first seven months of the year saw Asian airlines post a solid 6.8 percent increase in the number of international passengers carried to an aggregate total of 170.3 million. International air cargo demand has been relatively weak, with year-to-date demand registering a 1.5 percent decline compared to the same period a year ago, but we have seen a modest pickup in air cargo volumes during the past couple of months.”
Herdman, concluded, “The overall demand outlook for air passenger markets remains positive, as air travellers in the region continue to enjoy the benefits of affordable fares, although demand for some European destinations has been affected by security concerns. Given highly competitive market conditions, Asia Pacific airlines are focusing on carefully managing costs, whilst continuing to deliver high levels of customer service.”