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Deteriorating Asian airline traffic “undermines any optimism a recovery is under way” - AAPA

Analysis

Asia Pacific airlines hit by the global economic downturn are now feeling the effects of the swine flu outbreak. Preliminary figures released today by the Association of Asia Pacific Airlines (AAPA) showed that its member airlines carried a total of 10.1 million international passengers in May-2009, down 14.8% year-on-year. According to AAPA Director General, Andrew Herdman, the May-2009 figures "undermine any optimism that a recovery is already under way - we're still seeing a deterioration in market conditions".

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