E-commerce and maritime disruption benefits Asia Pacific airlines
28 / 08 / 2024
Photo: Jaromir Chalabala/ Shutterstock
Air cargo data for Asia Pacific airlines in July shows they continued to benefit from robust e-commerce demand and ongoing disruptions in maritime shipping.
Preliminary July traffic figures released by the Association of Asia Pacific Airlines (AAPA) reveals a 12.3% year-on-year increase in international air cargo demand, measured in freight tonne kilometres (FTK), while capacity grew by 11%.
This led to a 0.7 percentage point increase in the average international freight load factor to 61.1% for the month.
Speaking about the first seven months of the year, Subhas Menon, AAPA director general, said that “international air cargo demand rose by 15.6% year-on-year, in contrast to the depressed levels seen in the same period last year”.
During a recent webinar from Xeneta and Tiaca, shippers were urged to secure space and make contingency plans as the air cargo market is facing capacity shortages out of key Asian markets during the peak season.
July’s robust air cargo figures are down on the even stronger set of results in the region in the previous two months.
In June, Asia Pacific airlines recorded a 16.4% year-on-year increase in international air cargo demand and in May year on year demand grew 17.9%.
