Asia Pacific airlines’ cargo volumes under pressure in September

The latest figures from the Association of Asia Pacific Airlines (AAPA)  show that cargo volumes remained under pressure in September.

According to the association, its members saw cargo volumes decline by 6.5% year on year in September – roughly in line with performance for the rest of the year.

Andrew Herdman, AAPA director general, said: “Unresolved trade frictions have undermined business confidence and disrupted global supply chains. Asian airlines saw overall demand for air cargo fall by 5.8% during the first nine months of the year, with the outlook remaining subdued in the near term.”

“Operating conditions are challenging for Asian carriers, which face intense competitive pressures against a backdrop of moderating economic sentiment. Nevertheless, airlines are carefully managing capacity expansion, exercising cost discipline, and streamlining operations in a bid to maintain profitability.”

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Damian Brett

Damian Brett
I have been writing about the freight and logistics industry since 2007 when I joined International Freighting Weekly to cover the shipping sector.After a stint in PR, I have gone on to work for Containerisation International and Lloyds List - where I was editor of container shipping - before joining Air Cargo News in 2015.Contact me on [email protected]