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May 29, 2017

Asia Pacific airlines freight volume grew 9% in April

According to preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) the area's air cargo markets continued to expand in April.

On the back of strong international demand, business conditions continued to improve across Asian economies, in turn lending support to international trade activity.

According to AAPA this helped underpin further growth in air cargo volumes in April, with demand in freight tonne kilometre (FTK) terms registering a 9.0% increase compared to the same month last year.

Offered freight capacity grew more modestly, by 2.8% for the month. As a result, the average international freight load factor increased by 3.7 percentage points to reach 65.1%.

Source: AAPA