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Wed, 3 Jan 2018

Asia Pacific Airlines Carried 25.9 Million International Passengers in November 2017

Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) for the month of November 2017 show robust demand in both international air passenger and air cargo markets, reflecting the ongoing global economic upswing.

Boosted by strong business and leisure travel demand, the region's airlines carried a combined total of 25.9 million international passengers in November 2017, 9.3% more than the same month last year.

 Demand in revenue passenger kilometres (RPK) increased by 9.4% whilst available seat capacity expanded by 7.3%, leading to a 1.5 percentage point increase in the average international passenger load factor to 78.8% for the month.

Malaysia Airlines Airbus A350-900. Click to enlarge.

Solid expansion in new business orders, underpinned by strong demand from advanced economies, helped support further growth in air cargo volumes for the region's airlines. As a result, demand as measured in freight tonne kilometres (FTK) climbed 9.2% higher in November. Growth in demand significantly outpaced the 4.7% expansion in offered freight capacity, resulting in a 2.9 percentage point increase in the average international freight load factor to 69.4% for the month.

Commenting on the results, Mr. Andrew Herdman, AAPA Director General, said, "With business and leisure travel demand spurred by steady growth in the global economy, the first eleven months of the year saw a healthy 6.0% increase in the number of international passengers carried by Asian airlines to a combined total of 288 million. Within the same period, international air cargo demand increased by 10.0%, on the back of the firm pick-up in global trade activities."

 "2017 is expected to end on a positive note for both passenger and cargo traffic given current trends. With the global economy riding on positive business and consumer confidence levels amid continued expansion in order books, the demand outlook for Asian carriers remains positive. In the meantime, the region's airlines remain focused on effectively managing capacity in response to evolving patterns of market demand as well as improving operational efficiency," Mr. Herdman added.

Aviation Industry Update - Media Roundtable at AAPA's 61st Assembly of Presidents in Taipei (October 2017) 

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