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        	  Preliminary traffic figures for the month of 
			  January 2011 released by the Association of Asia Pacific Airlines 
			  (AAPA) show firm growth in the international passenger and air 
			  cargo markets. 
			  Asia Pacific-based airlines carried a combined 
			  total of 16.1 million international passengers in January 2011, an 8% 
			  increase over the same month last year. In revenue passenger kilometre (RPK) terms, international passenger traffic grew by 
			  6.5%. Available seat capacity grew by 7.8%, with an average 
			  international passenger load factor of 78.5%. 
			  International air cargo demand as measured in 
			  freight tonne kilometres (FTK) grew by 6.5% in January compared to 
			  the same month last year, whilst offered freight capacity expanded 
			  by 9.3%, resulting in a 1.7 percentage point decline in the 
			  average international cargo load factor to 65.7%. 
			  “Asia Pacific based carriers started 2011 on a 
			  positive note, with continued growth in demand for both passenger 
			  and cargo services. For the month of January, the number of 
			  international passengers carried exceeded the December figure, 
			  underpinned by leisure travel extending from the holiday period 
			  and firm demand for premium class seats. January’s freight volumes 
			  were also reasonably solid, although growth will be moderating 
			  compared to the major rebound seen in 2010,” said Mr. Andrew Herdman, 
			  AAPA Director General. “Asia Pacific carriers are projecting further growth in 
			  aviation markets this year, with the introduction of new services 
			  and frequencies in the coming months. At the same time, Asian 
			  carriers are bracing themselves for new challenges, with sharply 
			  higher oil prices already pushing up the cost of air travel and 
			  adding to uncertainties over the outlook for continued growth in 
			  the global economy.”
  
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			  January 2011 
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