Published on : Thursday, January 4, 2018
Preliminary traffic figures for the month of November released by the Association of Asia Pacific Airlines (AAPA) showed robust demand
in both international air passenger and air cargo markets, reflecting the ongoing global
Boosted by strong business and leisure travel demand, the region’s airlines carried a
combined total of 25.9 million international passengers in November, 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.
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 pickup
in global trade activities.”
Looking ahead, Mr. Herdman added, “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, theregion’s airlines remain focused on effectively managing capacity in response to evolving patterns of market demand as well as improving operational efficiency.”