TravelNewsAsia.com
Fri, 26 Oct 2018

Asia Pacific Airlines Carried 28.2 Million Passengers in September 2018

[HD videos below] Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) for the month of September 2018 show sustained growth in both international air passenger demand and air cargo markets, amid continued moderation in the global manufacturing sector.

The region's airlines registered a 5.9% year-on-year increase in the number of international passengers carried to a combined total of 28.2 million for the month. Underscoring strength in both regional and long haul travel markets, demand as measured in revenue passenger kilometres (RPK) recorded a 6.0% increase. The average international passenger load factor climbed 1.0 percentage points higher to 79.6% in September, following a 4.6% expansion in available seat capacity.

Jet Airways and Philippine Airlines at Changi Airport in Singapore. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

International air cargo demand as measured in freight tonne kilometres (FTK) grew by 4.4% year-on-year in September, against a backdrop of easing expansion in global manufacturing production and new business orders. After accounting for a 6.5% increase in offered freight capacity, the average international freight load factor declined by 1.3 percentage points to 64.3% for the month.

Commenting on the results, Mr. Andrew Herdman, AAPA Director General said, "Thanks to strong business and leisure travel demand, Asian airlines have experienced impressive growth in passenger markets thus far this year, underpinned by the region's expanding economies and buoyant global services sectors. Overall, during the first nine months of the year, the region's airlines experienced a robust 7.7% increase in the number of international passengers carried to a combined total of 267 million. In the same period, international air cargo demand grew by 4.7%, benefitting from sustained growth in international trade. The third quarter saw a slightly more moderate 4.3% increase in air cargo demand, compared to the 4.8% growth recorded during the first half of the year."

Looking ahead, Mr. Herdman said, "Global business confidence remains relatively firm, but may be undermined by uncertainty about emerging geopolitical risks and policy responses to escalating trade disputes. Nevertheless, Asian airlines expect continued growth in air travel demand in the coming months. Air cargo demand is also being supported by further growth in e-commerce. Overall, Asian airlines remain focused on adapting to changes in this always dynamic industry, seeking out additional growth opportunities whilst striving to maintain margins pressured by the impact of higher fuel prices."

Asia Pacific Aviation Industry Update 2018

PODCAST

 

Korean Air - Exclusive HD Video Interview with Three Senior Executives

PODCAST

Closing Press Conference from AAPA 62d Assembly of Presidents in Jeju, South Korea

PODCAST

Inspiring AAPA 2018 Welcome Address by Walter Cho, President of Korean Air

Andrew Herdman's Welcome Presentation at AAPA 62nd Assembly of Presidents in Jeju, South Korea

Aviation: Meeting Demand - Panel Discussion at AAPA 62nd Assembly of Presidents

Korean Food and Soju - Interview with Jaeyoung Lee, Executive Chef of the Four Seasons Hotel Seoul

Latest videos and podcasts: Compass Edge Finland - Interview with Deiv Salutskij, Managing Director, Korean Air - Exclusive HD Video Interview with Three Senior Executives, Korean Food and Soju - Interview with Jaeyoung Lee, Executive Chef of Four Seasons Hotel Seoul, AAPA Charts Priorities for Future Aviation Development; Passes Resolutions, Asia Pacific Aviation Industry Update - AAPA Assembly of Presidents 2018 Press Conference, World's Best Airport Hotel - Interview with GM of Crowne Plaza Changi Airport Singapore, What is a Moxy Hotel? Interview with Matthias Y. Sutter, WWF and Sustainable Hotels / Tourism - Interview with Maggie Lee, JW Marriott Phuket Resort & Spa - Interview with Matthias Y. Sutter, GM, Sustainable Hotels - Crowne Plaza Changi Airport Interview with GM, Bruno Cristol, Saving Boracay Island, Philippines - Interview with Cyndy Tan Jarabata, Sustaining Tourism - Interview with Eric Ricaurte, Founder of Greenview, Sustainable Hotels - Interview with GM of JW Marriott Phuket, Diving in Phuket, Thailand - Interview with Sea Bees' Karen Lewis, Anthony Lark Explains PHIST, Raya Heritage Resort in Chiang Mai, Thailand - Interview with Naphat Nutsati, GM, Executive Chef at Raya Heritage Resort Chiang Mai, Pattana Golf Club & Resort in Sriracha, Thailand - Interview with MD, Thomas Tapken, Danesfield House Hotel & Spa in Marlow, England - Interview with GM, Anthony Cox, World Travel Market London 2018 - Interview with Simon Press, Senior Exhibition Director, airBaltic Airbus A220-300 Interview with Martin Gauss, CEO, Jake Needham - Interview with an American Author in Bangkok, Quick Look at the Dell Precision 7730 Mobile Workstation (Three Videos) and Dusit Thani Bangkok - Is It Really Going to Close? Interview with Titiya Xuto.

See latest HD Video Interviews, Podcasts and other news regarding: AAPA, Traffic, RPK, FTK.

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Latest Travel News
Advertising
Advertising
Copyright © 1997-2018 TravelNewsAsia.com