AAPA: Asia Pacific sees modest pick up in July

AAPA: Asia Pacific sees modest pick up in July

Cargo volumes across Asia Pacific have picked up in July following a number of tough months, with freight tonne kilometres (FTK) increasing by 3.9 per cent, the Association of Asia Pacific Airlines (AAPA) says.

FTKs across the region were up by 3.9 per cent to 5.5 billion though still down 1.5 per cent year-to-date (YTD) to 36.8 billion.

Capacity in freight available tonne kilometres increased by 3.4 per cent in July to 8.9 billion and by 2.4 per cent YTD to 60.1 billion.

The load factor increased by 0.4 percentage points to 62.1 per cent in July but was down 2.5 percentage points to 61.3 per cent YTD.

AAPA director general, Andrew Herdman says: “International air cargo demand has been relatively weak, with year-to-date demand registering a 1.5% 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.”

subscribe to acw for free
stay informed. stay ahead

To get the latest air cargo news and industry trends delivered directly to your inbox, subscribe now!

Newsletter

Stay informed. Stay ahead. To get the latest air cargo news and industry trends delivered directly to your inbox, sign up now!

related articles

How Air Charter Service delivered aid during one of the most complex relief operations in recent times

WCAworld Academy Audit Sees First Success

GEODIS celebrates Asia–Mexico freighter flight milestone

WAIT... BEFORE YOU GO

Get the ACW Daily Newsletter for up-to-the-minute news on everything important in the airfreight industry

Logo Air Cargo Week