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Asia Pacific cargo uplift growth continues

11/1/2010 10:12:00 AM

The Association of Asia Pacific Airlines (AAPA) said demand remained “robust” in September with preliminary figures for international air cargo demand, as measured in freight tonne kilometres (FTK), revealing year-on-year growth of 18.5%.

And freight capacity expanded by 19.3% last month, compared to a year earlier.

This resulted in a 0.5 percentage point decline in the average international cargo load factor to 67%. 

Andrew Herdman, AAPA Director General, said: “Asian economies have been leading the way out of the global downturn, and this has resulted in a tremendous boost to the fortunes of carriers across the region.” 

He added: “Over the past nine months, we have seen a 14.6% increase in international passenger numbers, and an even more dramatic 30.2% growth in international air cargo traffic, compared to the same period last year. 

“Looking ahead, the overall outlook for Asian carriers remains very positive over the next 12 months, with prospects for further sustained growth in demand in line with established long term trends.”

 

International Freighting Weekly

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