Happy new year in Asia Pacific

International cargo tonne-km rose seven per cent in January 2015 compared with the same month last year, said the Association of Asia Pacific Airlines (AAPA) in its latest preliminary traffic figures.
Business was boosted by increased import-export activity in the run-up to the Chinese Lunar New Year, said AAPA.
The association noted that the average international freight load factor also continued to strengthen, up 1.3 percentage points to 61.8 per cent, despite a 4.8 per cent increase in offered capacity.
Freight outperformed the passenger business, which rose 4.6 per cent to 22.4m passenger in January.
AAPA director general Andrew Herdman, said: "Airfreight markets continued to see good growth, reflecting sustained consumer demand from North America and Europe for Asia-manufactured goods." 
Nevertheless, he added, Asian carriers continue to face a competitive operating environment and needed “to carefully monitor capacity in line with evolving market conditions”.
Did you find this article of interest, if so why not register for a FREE digital subscription to Air Cargo News? – Find out more

Share this story

Related Topics

Latest asia news

IAI joins STK and Incheon for 777P2F facility construction launch

Israel Aerospace Industries (IAI), Sharp Technics K (STK) and Incheon International Airport have laid the foundation for a Boeing 777…

Read More

Share this story

Cathay’s cargo volumes rise again in March

Cathay Pacific has reported increased air cargo demand in March following the Chinese New Year, while e-commerce and express demand…

Read More

Share this story

Teleport teams up with Viejet on New Delhi – Ho Chi Minh City capacity

Southeast Asia air logistics provider Teleport has signed a contract to manage the exclusive commercial rights of Vietjet Air Cargo’s New…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.