Asia Pacific airlines’ air freight volume increased 12.2% in August

According to preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) the area’s air carriers saw a strong 12.2% increase in air cargo demand in August. 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.

Preliminary traffic figures for the month also showed encouraging growth in international air passenger demand. The month 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.

Commenting on the results, Mr. Andrew Herdman, AAPA Director General said, “Asian airlines were encouraged by the continued expansion in both international air passenger and cargo markets, registering a 5.2% increase in the number of international air passengers carried to a combined total of 210 million for the first eight months of the year.

Looking ahead, Mr. Herdman continued, “Broad-based expansion in global economic output should help to sustain further growth in both air passenger and air cargo traffic demand in the upcoming months, and the longer term outlook remains broadly positive.”

Source: AAPA

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