Preliminary traffic figures from the Association
of Asia Pacific Airlines (AAPA) for the month of September 2019 show continued moderate growth in international
air passenger numbers, whilst air cargo demand declined reflecting
stagnant international trade activity.
airlines carried 29.1 million international passengers in
September, an increase of 3.0% compared to the same month last
year. Measured in revenue passenger kilometres (RPK), demand grew
by 3.4% whilst available seat capacity expanded by 4.4%, leading
to a 0.7 percentage point decline in the average international
passenger load factor to 78.6% for the month.
International air cargo traffic in freight tonne
kilometres terms (FTK) fell by 6.5% year-on-year in September on
the back of continued weakness in external demand. Combined with
the marginal 0.3% decline in offered freight capacity, the average
international freight load factor dropped by 4.0 percentage points
to 60.4% for the month.
Andrew Herdman, AAPA Director General, said, "During the first nine
months of the year, Asian airlines in aggregate carried 281
million international passengers, 4.3% more than the same period
last year. The moderation in growth, compared to the higher rates
sustained over recent years, reflects an increasingly challenging
economic environment. Meanwhile, unresolved trade
frictions have undermined business confidence and disrupted global
supply chains. Asian airlines saw overall demand for air cargo
fall by 5.8% during the first nine months of the year, with the
outlook remaining subdued in the near term."
ahead, Mr. Herdman said, "Operating conditions are challenging for
Asian carriers, which face intense competitive pressures against a
backdrop of moderating economic sentiment. Nevertheless, airlines
are carefully managing capacity expansion, exercising cost
discipline, and streamlining operations in a bid to maintain