AAPA airlines report 4.5% increase in Nov-2009 international pax

Association of Asia Pacific Airlines (AAPA) reports (23-Dec-2009) the following international traffic highlights for its member airlines in Nov-2009:

• Passenger numbers: 11.1 million, +4.5% year-on-year;
• Passenger load factor: 76.3%, +4.9 ppts;
• Cargo traffic (FTKs): +12.0%. [more]

AAPA: "After a difficult year, in which AAPA international passenger traffic has fallen 8%, and international air cargo traffic registered a 14% decline, November traffic figures are mildly encouraging, in line with broader economic recovery underway being led by the Asia Pacific region. In absolute terms, demand remains well below pre-recession levels. In addition, the aviation industry is still wrestling with the problem of low yields and continuing oil price volatility, so a recovery is airline profitability is still some way off. Overall, market conditions remain extremely challenging," Andrew Herdman, Director General. Source: AAPA, 23-Dec-2009.