Late 2016 surge sees improvement in Asian airline cargo demand

An end of year surge in demand saw air cargo demand at Asian carriers for 2016 edge ahead of the previous year’s level.
The end-of-year figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo demand measured in freight tonne kms (FTKs) ended last year 1.8% up on the 2015 levels.
This follows a second-half surge in demand that saw FTKs improve by 5.7% during the final six months of the year compared with a 2.2% decline during the first half. In December there was an 8.7% improvement in FTKs.
AAPA director general Andrew Herdman said: “After a lacklustre start to the year, air cargo markets picked up pace in the second half of the year, with broad-based expansion in manufacturing production and international exports, supplemented by growth in demand from expanding consumer markets in Asia.”
However, despite the demand improvement, average cargo load factors for the year slipped by one percentage point to 62.5% as capacity increased by 3.5%.

Share this story

Related Topics

Latest airlines news

Kuehne+Nagel and Qatar Cargo team up for UNICEF charity flights

By Damian Brett

Forwarder Kuehne+Nagel (K+N) and Qatar Airways Cargo are donating airfreight services to UNICEF, supporting the United Nation’s children’s agency in…

Read More

Share this story

Abu Dhabi leads Covid vaccine Hope Consortium

By Roger Hailey

Abu Dhabi is spearheading the launch of the Hope Consortium to facilitate Covid-19 vaccine distribution across the world, amid an…

Read More

Share this story

MasAir Cargo adds third B767F to fleet

By Roger Hailey

Mexican freighter operator MasAir Cargo has added a third Boeing 767 freighter to its fleet, marking the continuation of its…

Read More

Share this story