All Association of Asia Pacific Airlines Articles – Page 2
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News
Asia Pacific airfreight demand hampered by "prevailing weakness" in trade flows
Preliminary August traffic figures released by the Association of Asia Pacific Airlines (AAPA) show that "renewed declines in export orders prolonged the decline in air cargo markets".Demand, as measured in freight tonne kilometres (FTK), saw a slight 1.8% year-on-year fall in August when compared to the subdued volumes recorded in ...
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AAPA paints grim picture for air cargo demand
July was the 17th consecutive month of demand decline as consumers turned from goods to services and capacity grew, said the Association of Asia Pacific Airlines (AAPA).Preliminary July 2023 traffic figures released by the AAPA show demand, as measured in freight tonne kilometres (FTK), fell by 0.6% year-on-year in July, ...
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Asia Pacific air cargo demand hit by consumer spending shift and higher prices
A shift in consumer spending from goods to services and higher prices were partly to blame for an air cargo demand decline amongst Asia Pacific airlines in June.Preliminary June 2023 traffic figures released by the Association of Asia Pacific Airlines (AAPA) found air cargo demand, as measured in freight tonne ...
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Asia Pacific air cargo demand continued to suffer in May
Asia Pacific air cargo business in May continued to suffer from "subdued demand conditions, driven by weak business confidence levels", according to the Association of Asia Pacific Airlines (AAPA).Preliminary air cargo traffic figures for May showed that in freight tonne kilometres (FTK) terms, air cargo demand fell by 7% year ...
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Asia airfreight droops as passengers soar away
Air cargo freight tonne kilometres (FTK) fell by 5.5% year on year in April, according to preliminary figures released on May 30 by the Association of Asia Pacific Airlines (AAPA).With offered freight capacity continuing to increase by 10.4%, the average international freight load factor declined markedly by 10.1 percentage points ...
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NewsLacklustre cargo markets for Asia Pacific airlines in March
A “prevailing weakness” in global trade continued to dampen demand for Asia-Pacific airfreight shipments in March.As a result, the region's carriers recorded a 10.9% year-on-year decline in international air cargo demand as measured in freight tonne kilometres (FTK).According to preliminary monthly traffic figures released by the Association of Asia Pacific ...
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Asia Pacific airlines suffer January decline in cargo traffic
Asia Pacific airlines suffered a significant decline in cargo traffic during January with a 20.5% year-on-year plunge in freight tonne kilometres (FTK) compared with the same month in 2022.Combined with a 7.5% drop in available freight tonne kilometres, the international freight load factor fell by 9.7 percentage points to average ...
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News
AAPA: air cargo demand “declined markedly” in October
International air cargo demand “declined markedly” in October, said the Association of Asia Pacific Airlines (AAPA).The association said October’s preliminary traffic figures for Asia Pacific airlines show international air cargo demand declined by 13.9% year on year in freight tonne km (FTK) terms, amid a downturn in export markets for ...
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AAPA reports continued weakness in September cargo performance
The Association of Asia Pacific Airlines (AAPA) has reported traffic figures for September that highlight continued weakness in the region’s cargo market.International air cargo markets remained “under pressure”, the association that represents Asia-Pacific carriers, noted.It blamed export activity being hampered by depressed business and consumer confidence levels amid deterioration in ...
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Air cargo market remains flat ahead of upcoming peak season
The air cargo market remains flat as the industry heads towards the traditional peak season.Data provider TAC Index said that its latest figures showed that overall airfreight rates according to the Baltic Exchange Index (BAI) were last week down 0.8% compared with the prior seven days."Prices did not move much ...
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News
Asia Pacific passengers surge but freight falls back
Cargo traffic carried by Association of Asia Pacific Airlines (AAPA) members fell 5.6% in May 2022 compared with May 2021.AAPA blamed supply chain disruptions and slowing demand, leading to a year-on-year decline in freight tonne kilometres in May. Meanwhile, offered freight capacity expanded by 1% year-on-year compared to the same ...
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NewsManufacturing bolsters Asia Pacific air cargo
The Association of Asia Pacific Airlines (AAPA) has reported strong demand for air cargo supported by a robust manufacturing market.Overall, international air cargo demand in freight tonne kilometres (FTK) edged 0.2% higher year-on-year in February, with volumes close to 9% above the corresponding month in the pre-pandemic year of 2019.Offered ...
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International air cargo demand up for Asia Pacific airlines
The Association of Asia Pacific Airlines (AAPA) said international air cargo demand as measured in freight tonne kilometres (FTK) recorded a 5.1% year-on-year increase for Asia Pacific carriers in January.This is on top of the strong 20.2% annual increase achieved for the full year 2021, said AAPA.The international freight load ...
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NewsAir cargo the 'silver lining' for Asian airlines
Air cargo was the sliver lining for Asian airlines last year as demand edged ahead of pre-pandemic levels while passenger traffic was decimated.The latest figures from the Association of Asia Pacific Airlines (AAPA) show that last year carriers from the region saw their international cargo traffic increase by 20.1% year ...
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NewsAir cargo demand in Asia remains resilient
The air cargo market in Asia remained resilient in November with volumes continuing to grow compared with 2019 levels.The latest statistics from the Association of Asia Pacific Airlines (AAPA) show that during the month cargo demand at the region's airlines increased by 16.5% year on year and stayed above volumes ...
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Asia Pacific airlines report "vigorous" airfreight growth
Asia Pacific airlines saw “vigorous” airfreight growth in October due to a “robust” cargo market while passenger traffic remained at low levels.Preliminary October 2021 traffic figures released by the Association of Asia Pacific Airlines (AAPA) saw international air passenger demand remain significantly depressed, with the impact from the recent easing ...
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Asia Pacific airfreight demand solid in August
International air cargo markets remained “resilient” for Asia Pacific carriers in August, propelled by ongoing expansion in e-commerce and congestion in major exporting ocean container ports.Traffic figures from the Association of Asia Pacific Airlines (AAPA) indicate that seaport constraints, such as in China, contributed to August’s 26.0% year-on-year growth in ...
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NewsAAPA reports 'stable' air cargo demand in July
Air cargo demand was "stable" in July as manufacturing in the region has begun to pick up, according to the Association of Asia Pacific Airlines (AAPA).The latest AAPA figures show that traffic measured in freight tonne kilometre terms (FTK) was 16% down year on year during the month while the ...
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NewsAsia Pacific air cargo demand shrinks in June
Air cargo carriers based in the Asia Pacific region saw cargo demand drop by double-digit percentage levels in June, but load factors increased.Figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo demand, in freight tonne kilometre (FTK) terms, was 20.3% lower year on year in June, ...
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AAPA: Competition and trade disputes impacted region's 2019 performance
The Association of Asia Pacific Airlines (AAPA) has revealed in its preliminary financial performance figures that airlines based in the region recorded $3.8bn in combined net earnings in 2019, a 25% decline compared with the $5.1bn achieved in 2018.The AAPA said that Asia Pacific based airlines' profitability was impacted by ...
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