TravelNewsAsia.com

Modest Recovery in Air Traffic Demand

Travel News Asia Latest Travel News Podcasts Videos Wednesday, 6 January 2010

Preliminary figures released by the Association of Asia Pacific Airlines (AAPA) provide further evidence of a modest recovery in air traffic demand. A total of 11.1 million international passengers were carried by AAPA member airlines in November, 4.5% more than in the same month last year. International passenger traffic, measured in revenue passenger kilometre (RPK) terms, grew 3.5%. With available seat capacity having been cut by 3.1%, the average AAPA international passenger load factor for the month reached 76.3%, 4.9 percentage points up on the same month last year.

AAPA international air cargo demand, measured in freight tonne kilometre terms (FTK), registered growth of 12% compared to the depressed levels of a year ago, and marking a continuation of the slow but steady recovery witnessed in 2009. The AAPA average international air cargo load factor was 8.2 percentage points higher at 71.1% for the month.

Commenting on the results, Mr. Andrew Herdman, AAPA Director General said, After a difficult year, in which AAPA international passenger traffic has fallen 8%, and international air cargo traffic registered a 14% decline, the November traffic figures are mildly encouraging, in line with the broader economic recovery underway being led by the Asia Pacific region.

 In absolute terms, demand remains well below pre-recession levels. In addition, the aviation industry is still wrestling with the problem of low yields and continuing oil price volatility, so a recovery in airline profitability is still some way off. Overall, market conditions remain extremely challenging, Mr Herdman cautioned.

See other recent news regarding: Airlines, Airports, Flights, Codeshare, Lounges, First Class, Business Class, MICE, GDS, Rewards, Miles, Hotels, Apartments, Promotions, Spas, New Hotels, Traffic, Visitor Arrivals, Cruises, Free Deals, Videos, AAPA, November 2009

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2022 TravelNewsAsia.com