29-Sep-2016 2:55 PM
AAPA int’l pax up 4% to 25.9m in Aug-2016, cargo traffic up 3%
Association of Asia Pacific Airlines (AAPA) reported (29-Sep-2016) the following international traffic highlights for its member airlines in Aug-2016:
- Passenger numbers: 25.9 million, +4.1% year-on-year;
- Passenger traffic: +4.2%;
- Capacity (ASKs): +6.2%;
- Passenger load factor: 81.5%, -1.5 ppts;
- Cargo traffic (FTKs): +2.5%;
- Cargo load factor: 60.5%, +0.1 ppt. [more - original PR]
AAPA: "Asian economies are still growing, and demand for air travel has been boosted by rising incomes and the widespread availability of affordable airfares, but growth rates may moderate as oil prices have now stabilised, adding to competitive pressures. For the air cargo markets, the persistent weakness in global trade conditions remains a concern, with rates remaining depressed despite the recent uptick in air cargo activity." Source: Company statement, 29-Sep-2016.