All Association of Asia Pacific Airlines articles – Page 2
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News
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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News
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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News
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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News
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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News
Asian airlines record a 20% drop in cargo demand in March
Airlines in the Asia Pacific region saw cargo traffic decline by 21.1% year on year in March as the effects of the coronavirus began to bite.Statistics from the Association of Asia Pacific Airlines (AAPA) show that while demand dropped in March by more than 20% on a year earlier, capacity ...
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NewsAsian airlines face an uncertain start to the year after cargo falls in 2019
Asian airlines saw cargo traffic fall last year and face an uncertain start to 2020 as the coronavirus impacts travel.Figures from the Association of Asia Pacific Airlines (AAPA) show that international air cargo demand as measured in freight tonne kilometres (FTK) fell by 5.1% in 2019.Offered freight capacity grew by ...
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News
Trade tariffs hit Asia Pacific airfreight in May
Trade tariffs impacted Asian Pacific air cargo demand, which fell again in May “as export activity continued to slow in the face of challenging business conditions”.Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) saw the region's airlines register a 6.5% fall in air cargo demand as ...
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NewsAsian air cargo faces short-term turbulence
IATA World Cargo Symposium 2019The Asian air cargo industry faces turbulence over the coming months, with predictions of further demand declines.Speaking at the World Cargo Symposium, IATA chief economist Brian Pearce painted a bleak picture for air cargo in Asia over the next few months.He said the US-China trade war ...
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News
Asia Pacific carriers report weak January for international cargo
International air cargo markets weakened further in January 2019, with Asia Pacific airlines seeing demand fall 3.8% year on year in freight tonne kilometres (FTK).Releasing its preliminary traffic figures for the month, the Association of Asia Pacific Airlines (AAPA) said that the decline in airfreight was due to “global new ...
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