Asia Pacific airlines air freight demand grew 7.6% in February

According to preliminary traffic figures for the month of January released by the Association of Asia Pacific Airlines (AAPA), the pace of expansion in air cargo markets quickened, with solid increases in demand.

International air cargo demand of the region’s carriers registered a double-digit growth of 11.3% compared to the same month last year, underpinned by strong growth in new export orders and an acceleration in international trade activity, and total air cargo demand registered a healthy 7.6% increase.

Growth in demand out-paced the 1.2% expansion in offered freight capacity by a comfortable margin, resulting in a 5.4 percentage point increase in the average international freight load factor to reach 60.1% for the month.

Source: AAPA

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