Preliminary figures compiled by the Association
of Asia Pacific Airlines (AAPA) for the month of August 2010, show
continued solid growth in both passenger and air freight demand.
Asia Pacific-based airlines carried a total of
16.8 million international passengers in August, reflecting a
12.4% increase compared to the same month last year.
passenger traffic as measured in revenue passenger kilometres (RPKs)
grew by a slightly more conservative 8.4%, indicating
particularly strong demand on regional short-haul routes.
capacity management saw offered seat capacity grow by 5.3%, which
led to a 2.3 percentage point improvement in the average passenger
load factor to 81.2%.
International air cargo
traffic as measured in freight tonne kilometres (FTKs) registered
25% growth compared to the same month last year.
Even with a
20.7% expansion in offered freight capacity, the average
international cargo load factor increased by 2.4 percentage points
Commenting on the results, Mr Andrew
Herdman, AAPA Director General said, “Strong demand for air travel
and air cargo shipments in August provide further confirmation of
the robustness of the ongoing economic recovery across the Asia
Pacific region. Overall, for the first eight months of the year we
have seen 14.9% growth in the number of international passengers
carried, and an even more dramatic 32.1% rebound in the volume of
international air cargo. As a result of the surprisingly sharp
V-shaped recovery, traffic levels for Asian carriers have now
surpassed the high water marks set before the global recession.
The combination of strong volume growth, disciplined capacity
management, and an improving mix of business boosted by the
recovery in corporate travel, have all helped to restore airline
profitability, with Asia Pacific airlines leading the way.”
“The outlook for the remainder of
the year remains broadly positive, although reported growth rates
are expected to stabilise as the recovery phase is completed.
Looking ahead to 2011, we anticipate further growth in demand for
air travel, in line with historic trends, despite some
uncertainties regarding the uneven nature of the global economic
recovery,” added Mr. Herdman.
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