Preliminary traffic figures from the Association
of Asia Pacific Airlines (AAPA) for the month of January 2015 show
continued steady growth in both international air passenger
numbers and air cargo demand.
Underpinned by robust regional travel markets, a
combined total of 22.4 million international passengers flew on
the region's carriers in January, 4.6% more than the same month
International passenger demand, in revenue
passenger kilometres (RPK) terms, grew by 3.9%, whilst available
seat capacity expanded by 5.5%, leading to a 1.2 percentage point
decline in the average international passenger load factor to
77.4% for the month.
Import-export activity leading up to the Lunar
New Year festive period contributed to a 7.0% increase in
international air cargo demand, as measured in freight tonne
The average international freight load factor
continued to strengthen, recording a 1.3 percentage point increase
to 61.8% on a 4.8% increase in offered freight capacity.
"The year began on a positive note for
Asian carriers, with air passenger demand posting a solid increase
above the healthy volumes achieved in January last year. Air
freight markets continued to see good growth, reflecting sustained
consumer demand from North America and Europe for
Asia-manufactured goods," said Mr. Andrew Herdman, AAPA Director
demand outlook appears positive for the coming year, on
expectations of further growth in the global economy, whilst lower
oil prices should help to keep air travel affordable.
Nevertheless, Asian carriers continue to face challenges marked by
a competitive operating environment and the need to carefully
monitor capacity in line with evolving market conditions."
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