Asia Pacific airlines’ March traffic results show impact of COVID-19
Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) showed air cargo demand plummeted in March as COVID-19 infections spread to many countries across the world. In March, the World Health Organisation (WHO) classified COVID-19 as a global pandemic. The number of countries imposing travel restrictions globally more than doubled in March, […]
Asian volumes fall in troubled year
Air cargo volumes for Asian airlines fell 5.3% during the first 11 months of 2019 compared with the same period in the previous year. The figures, released by the Association of Asia Pacific Airlines (AAPA), showed that freight tonne kilometre in November last year was 1.9% lower than in the same month 2018. Offered freight […]
AAPA: Exports remain weak in October
Demand for air cargo across Asia Pacific remained weak in October due to the slowdown in exports, says the Association of Asia Pacific Airlines (AAPA). Air cargo demand measured in freight tonne kilometres declined 5.9% in October 6.2 billion, while capacity in available freight tonne kilometres was up 0.1% to 10.1 billion. The freight load […]
Andrew Herdman to leave AAPA after 16 years
Andrew Herdman will step down from the role of director general at the Association of Asia Pacific Airlines (AAPA) after 16 years of service. He will be succeeded by Subhas Menon on 1 March 2020, who has over 35 years of aviation experience with the Singapore Airlines Group, serving in roles including marketing, logistics and […]
AAPA: Asia Pacific cargo fell 6.4% in August
Air cargo across Asia Pacific remains weak with another major fall in demand in August, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres were down 6.4% to 5.8 billion with subdued demand conditions as businesses remaining cautious on their inventories. Capacity in available freight tonne kilometres was up 1.1% to 9.9 billion, […]
AAPA: Weakness in Asia Pacific likely to continue
Air cargo weakened further in July and is unlikely to improve anytime soon, the Association of Asia Pacific Airlines (AAPA) reports. In July, freight tonne kilometres were down 7.7% to 5.8 billion due to falling exports and a worsening trade outlook, alongside deteriorating business confidence. Capacity in available freight tonne kilometres was up 0.4% to […]
AAPA: Trade disputes and tariffs hitting air cargo
Air cargo is continuing to struggle in June with a 7.2% fall in demand, the Association of Asia Pacific Airlines (AAPA) reports. Demand in freight tonne kilometres (FTK) was down 7.2% to 5.8 billion, while capacity in freight available tonne kilometres (FATK) rose 1% to 9.8 billion, pushing down load factors by 5.1 percentage points […]
AAPA: Exports keep falling across Asia Pacific
Air cargo demand across Asia Pacific continues to fall as exports continue to slow in the face of challenging business conditions, the Association of Asia Pacific Airlines (AAPA) reports. In May, demand measured in freight tonne kilometres was down 6.5% to 5.9 billion, with demand up 0.3% to 10 billion, pushing down load factors by […]
E-commerce growth provides Asia Pacific some relief
The rise of e-commerce is providing some relief for air cargo in Asia Pacific as it copes with trade tensions, says the Association of Asia Pacific Airlines (AAPA). Demand measured in freight tonne kilometres was down 3.2% in March to 6.3 billion, and by 5.6% to 16.7 billion in the first three months of 2019. […]
AAPA: 2019 off to a weak start due to fewer exports
Air cargo has got off to a weak start in 2019 due to fewer exports on the back of slowing demand for foreign goods, the Association of Asia Pacific Airlines (AAPA) reports. Demand in freight tonne kilometres was down 3.8% in January to 5.7 billion due to slower growth in major economies and unresolved trade […]
AAPA: Strong growth but demand starting to fall
Cargo demand experienced strong growth across Asia Pacific in 2018 but slowed down significantly at the end of the year, the Association of Asia Pacific Airlines (AAPA) reports. Demand measured in freight tonne kilometres (FTK) was up 3.9% in 2018 to 73.2 billion, but was down 0.7% in December to 6.3 billion due to slower […]
AAPA: Flat growth for Asia Pacific in November
Air cargo volumes remained high but growth was flat in November, according to figures released by the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) were up 0.1% to 6.47 billion while capacity in available FTKs were up 5.9% to 9.9 billion, pushing load factors down 3.8 percentage points to 65.2%. For the […]
AAPA: Strong growth as peak season approaches
Demand remains strong across Asia Pacific as airlines fly into the peak season, with freight tonne kilometres (FTK) increasing 5.6 per cent in October, according to the Association of Asia Pacific Airlines (AAPA). FTKs hit 6.5 billion in October helped by increasing orders going into the peak season, though capacity in available FTK (AFTK) was […]
AAPA: Demand still robust in Asia Pacific
Air cargo demand across Asia Pacific remained robust in September against a backdrop of easing manufacturing production, the Association of Asia Pacific Airlines (AAPA) says. Demand measured in freight tonne kilometres (FTK) grew by 4.4 per cent in September to 6.2 billion while global manufacturing production and new business orders eased. Capacity measured in available […]
AAPA: Protectionist rhetoric not hitting air cargo in Asia Pacific
Cargo demand has continued to grow in August across Asia Pacific due to sustained demand, according to the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) were up 4.2 per cent in August to 6.1 billion but capacity in available FTK grew at a higher rate of 5.5 per cent to 9.7 billion, […]
AAPA: Political rhetoric fails to dampen cargo demand in Asia
Political rhetoric has failed to dampen consumer confidence in Asia Pacific with cargo demand increasing five per cent in July, the Association of Asia Pacific Airlines (AAPA) says. Freight tonne kilometres (FTK) were up five per cent in July to 6.3 billion, while capacity in freight available tonne kilometres (FATK) increased by 5.9 per cent, […]
AAPA: Growth continues in June at a moderate pace
International air cargo demand grew in June but at a moderate pace, in line with underlying trade conditions, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres increased by 3.4 per cent to 6.1 billion, though capacity measured in available freight tonne kilometres grew at a faster rate, up 6.4 per cent to […]
AAPA: Asian air cargo grows at encouraging rate in May
Despite protectionist rhetoric and the risk of trade wars, air cargo demand continues to grow at encouraging rates, the Association of Asia Pacific Airlines (AAPA) reports. Airlines in the region saw freight tonne kilometres increasing 4.9 per cent in May to 6.1 billion, though capacity in available freight tonne kilometres increased at a higher rate, […]
AAPA: Demand for air cargo remains strong in April
Air cargo across Asia Pacific has continued to grow at a robust rate in April, the Association of Asia Pacific Airlines (AAPA) reports. The association says that despite signs that international trade flows may be easing, international cargo demand grew by 5.8 per cent in April to six billion freight tonne kilometres. Capacity measured in […]
Air cargo keeps on flying around the world
First, the good news: there are no hotspots anyone is missing but some routes are doing better than others, writes Michael Mackey. The explanation for this is simple: the industry has seen a surge in demand that is broadly-based, both geographically and in terms of sectors. That written, some routes and some parts of the […]
AAPA: Moderate but positive growth in March for Asia Pacific
Growth across Asia Pacific proved moderate in March but continued the positive trend seen in previous months, according to the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) grew by 2.8 per cent to 6.3 billion while capacity in available freight tonne kilometres (AFTK) was up 5.6 per cent to 9.7 billion, pushing […]
AAPA: Cargo demand remains strong across Asia Pacific in February
Demand for air cargo has remained strong in February across Asia Pacific with freight tonne kilometres increasing by 7.3 per cent, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres increased by 7.3 per cent to 4.9 billion in February and by 8.2 per cent in the first two months of 2018 to […]
Air cargo demand remains strong across Asia Pacific in January
After a very strong year in 2017, demand for air cargo across Asia Pacific is continuing to grow at a fast rate in January, the Association of Asia Pacific Airlines (AAPA) reports. The association says that air cargo measured in freight tonne kilometres (FTK) increased by 9.4 per cent to 5.7 billion, with capacity in […]
AAPA: Asia Pacific booming after years of tepid performance
Following years of tepid performance, air cargo demand across Asia Pacific registered its strongest growth in years, the Association of Asia Pacific Airlines (AAPA) says. Freight tonne kilometres (FTK) grew by 9.8 per cent to 70.8 billion, the fastest growth rate since the post financial crisis rebound in 2010, and up considerably on 2016, when […]
AAPA: Demand remains robust in November with 9.2% growth
Air cargo in Asia Pacific has remained robust in November with growth of 9.2 per cent in freight tonne kilometres (FTK), the Association of Asia Pacific Airlines (AAPA) reports. The association says solid expansion in new business orders, underpinned by strong demand from advanced economies helped support growth in air cargo volumes for the region’s […]
AAPA: Asia Pacific forges ahead with 10.9% growth in July
Airlines in Asia Pacific are forging ahead with strong with cargo growing 10.9 per cent in July, the Association of Asia Pacific Airlines (AAPA) reports. Freight tonne kilometres were up 10.9 per cent in July to 6.2 billion, with capacity growing at 4.4 per cent to 9.5 billion, with load factors improving by 3.8 percentage […]
AAPA: Exports help cargo grow 10% in June across Asia Pacific
Export orders continue to boost air cargo shipments across the Asia Pacific region, with 10 per cent growth in June, the Association of Asia Pacific Airlines (AAPA) reports. Cargo demand measures in freight tonne kilometres (FTK) was up 10 per cent to 5.8 billion helped by high export orders in both emerging markets and advanced […]
AAPA: Asia Pacific profits remain at $6.9b in 2016
Profits across Asia Pacific remained at $6.9 billion in 2016 helped by strong air cargo markets negating yield pressures, while falling jet fuel prices reduced operating costs, the Association of Asia Pacific Airlines (AAPA) says. Operating revenue dipped 0.3 per cent to $165.3 billion with a small fall in passenger revenue but cargo revenue fell […]
AAPA: Asia grows 9.6% in Q1 with double-digit surge in March
Air cargo in Asia Pacific has had a strong first quarter with 9.6 per cent freight tonne kilometre (FTK) growth helped by a double-digit March surge, the Association of Asia Pacific Airlines (AAPA) says. FTKs were up 9.6 per cent in the first three months to 16 billion and by 12.7 per cent in March to […]
AAPA: Healthy start to the year for Asia Pacific
Air cargo has had a “healthy” start to the year with 7.6 per cent growth in the first two months of 2017, according to the Association of Asia Pacific Airlines (AAPA). Freight tonne kilometres (FTK) were up to 9.96 billion, with capacity rising 2.5 per cent to 16.68 billion available FTK, helping push load factors […]