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The Asia Pacific Airlines Association (AAPA) once again said air cargo markets in the Asia-Pacific region were weak, this time in September. Demand, measured in freight tonne kilometers reported by AAPA member airlines, matched the same month last year almost exactly: 5.303 billion in 2015, compared to 5.304 billion last year.
Taking into account a 2.3 percent increase in offered freight capacity, the average international freight load factor fell by 1.5 percent to 62.7 percent for the month.
“Air cargo markets have weakened in recent months following the slowdown in world trade,” said Andrew Herdman, AAPA’s director general. “The region’s carriers experienced a 1.1 percent year-on-year decline in air cargo demand during the third quarter of 2015, after registering a 4.5 percent increase during the first half of the year. As a result, air cargo growth for the first nine months narrowed to 2.6 percent compared to the same period last year.”
Asian airlines fared better in passenger travel, carrying 22 million international passengers in September, which is 6 percent more than the same month in 2014; passenger demand increased 8.3 percent during the first nine months of the year, the report found.
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