AAPA: Asia Pacific air cargo market “resilient” in June

By Rachelle Harry

The Asia Pacific region’s air cargo market has remained resilient — a contrast to the “suppressed” passenger market, according to the Association of Asia Pacific Airlines (AAPA).

AAPA’s preliminary June 2021 air traffic figures show that international air cargo demand for Asia Pacific-based carriers, measured in freight tonne km (FTK), increased by 25.7% year on year, with volumes matching the same month in 2019.

Available capacity climbed by 11.7% year on year increase to an 8.2 percentage point jump in the average international freight load factor to 73.3% for the month.

Meanwhile, passenger numbers for Asia Pacific-based airlines amounted to 4.4% of the 32m carried in pre-pandemic June 2019.

Commenting on the results, Subhas Menon, AAPA director general, commented: “The already dire situation has recently been compounded by new Covid-19 infections across the region due to the Delta variant, with ongoing border restrictions holding back any meaningful restart in international travel markets. Air cargo traffic growth, supported by strong demand for both intermediate and consumer goods from the major advanced economies, remains the saving grace.”

Share this story

Related Topics

Latest business news

DB Schenker set for reorganisation

By Damian Brett

Freight forwarding giant DB Schenker is planning to restructure in order to “simplify” and “reduce administration costs”, according to Air…

Read More

Share this story

IAG Cargo flies charity sports equipment for Pakistan schools hit by flooding

By Rebecca Jeffrey

IAG Cargo is transporting 1.2 tonnes of donated cricket equipment into Pakistan that are destined for schools affected by recent…

Read More

Share this story

Air cargo suffers largest demand drop of 2022 in October

By Damian Brett

Air cargo demand suffered the largest percentage decline of the year so far in October but there is the hope…

Read More

Share this story