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Cargo traffic continues to grow in Asia and the Gulf

11/29/2010 10:24:04 AM

The Association of Asia Pacific Airlines (AAPA) and Dubai Airports have reported big increases in cargo traffic for October 2010.

 

The AAPA said its member airlines' cargo volumes rose 16.1 percent for the month, compared to the same period last year. The overall load factor rose 1.1 percent to 71.1 percent based on a 14.8 percent increase in capacity.

 

Andrew Herdman, AAPA director general commented: “The dynamic economies of Asia are powering ahead and so are its airlines. Passengers are back in numbers, and the return of premium class passengers and airfreight is particularly welcome. The improving mix of business, coupled with disciplined capacity management, has seen Asian airlines leading the industry in returning to profitability.”

 

He added, “For the first ten months of the year the sharp rebound in global trade led to a 28.5 percent jump in our international air cargo traffic. The double digit traffic growth rates seen throughout 2010 are expected to gently ease back towards long term trends, but with the region still delivering dynamic growth, the overall outlook for Asian carriers for the coming year remains very positive.”

 

Dubai Airports’ cargo traffic in October rose 9.2 per cent to 202,984 tonnes compared to 185,868 tonnes recorded during the same period last year. Year-to-date cargo volumes total 1,888,619 tonnes up 21.6 per cent from the 1,552,748 tonnes in 2009.

The company said volumes will exceed 2.2 million tonnes in 2011, an increase of 4.8 percent over an expected 2.1 million tonnes this year. Cargo traffic is projected to exceed 3 million tonnes by 2015.

 

Aircargo World

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