Association of Asia Pacific Airlines (AAPA) reported (01-Sep-2026) traffic figures showed "further moderation" in international passenger markets in Jul-2026 as higher airfares "continued to weigh on demand among price-sensitive leisure travellers". AAPA stated regional travel was also affected by further rationalisation of network operations in the industry, in response to "persistently elevated jet fuel prices and airspace restrictions associated with the Middle East conflict". Asia Pacific airlines recorded a 1.3% year-on-year decline in the number of international passengers to 32.4 million. Demand in RPKs remained "firm", increasing by 1.1% and "buoyed by encouraging growth on longer haul routes". AAPA director general Wong Hong stated: "Higher air fares weighed on demand, particularly on shorter-haul routes, with the impact more pronounced in the price-sensitive leisure sector". Mr Hong continued: "Underlying demand conditions remain supportive, underpinned by continued growth in regional economies, though momentum has moderated". He added: "Persistently high fuel prices, together with the weakening of several Asian currencies against the US dollar, continue to add to airline cost pressures, with rising inflationary pressures also weighing on demand". Mr Hong concluded: "Against this backdrop, carriers continue to align capacity with demand, while retaining the flexibility to respond to changing market conditions". [more - original PR]
The home of market intelligence for
the aviation and travel industry.
CAPA Membership
An annual CAPA Membership provides a front row seat to global aviation news, analysis and data as it happens, with access to a comprehensive suite of tools that can be customised to your needs. Join aviation and travel industry leaders around the world who leverage our insights to identify new opportunities and improve their business.
Request a free trialDiscover opportunities
We provide the most comprehensive news, analysis and data year-round to help you stay ahead.
Connect
Our Summits explore key strategic industry issues and provide valuable networking opportunities.
Gain in-depth insight
Get comprehensive analysis of a feature of the aviation industry with our Research Publications.
Latest Analysis
Most Popular Analysis of the Week
Latest Events
CAPA Airline Leader Summit Latin America & Caribbean
CAPA Airline Leader Summit Asia 2026
GAD Asia 2026
GAD World 2026
CAPA TV
Navigating Growth and Resilience
Airline Leader Interview ZIPAIR Tokyo CEO Yasuhiro Fukada
The State of Sustainable Aviation: Facts, trends, and leaders
Latest News Headlines
Southwest Airlines and LOT Polish Airlines entered (01-Sep-2026) an interline partnership to offer additional options to connect between Southwest's network and destinations across Europe and beyond, effective 01-Sep-2026. Passengers can book itineraries combining travel on both carriers through LOT, travel agents and travel websites. LOT is Southwest's 11th airline partner. [more - original PR]
LATAM Brasil and TAAG Angola Airlines signed (01-Sep-2026) a codeshare agreement, enabling the integration of both airlines' networks and strengthening connectivity between Angola and Brazil. TAAG passengers will benefit from expanded access to LATAM Brasil's domestic network via GRU Airport Sao Paulo Guarulhos International Airport, featuring 57 destinations in Brazil. The partnership may be expanded to include LATAM's international routes across South America and North America. [more - original PR]
Condor Flugdienst and Qantas Airways launched (01-Sep-2026) a new interline and frequent flyer partnership, expanding travel options between Australia, New Zealand, Europe and beyond by connecting their networks at major hubs. Qantas Frequent Flyer members can redeem points for award flights across Condor's network of over 90 destinations in economy, premium economy and business class. The agreement is part of Condor's international partner network expansion, which includes interline agreements with Etihad Airways, EVA Air, Saudia, Air Astana, Japan Airlines, Hainan Airlines, Cathay Pacific and Uzbekistan Airways. Condor's partnership with Thai Airways also launched on 01-Sep-2026, offering passengers travel options in Asia. [more - original PR - German] [more - original PR - Qantas Group]
LAM - Mozambique Airlines, via its official Facebook account, announced (15-Aug-2026) it began operating under the new brand AirMozambique, effective 14-Aug-2026. The carrier also confirmed it commissioned the first of two new Embraer E190 aircraft featuring AirMozambique livery, operating Maputo-Nacala service. [more - original PR - Portuguese]
TAP Air Portugal CEO Luís Rodrigues stated (31-Aug-2026) the carrier maintained "resilient" performance in 1H2026, with revenue growth supported by increased capacity and improved unit revenues. Mr Rodrigues said the carrier will continue to focus on revenue quality, operational resilience and sustainable growth. Mr Rodrigues added: "We have defined a strategic plan for the next decade, focused on creating sustainable value, whose execution is being accelerated by the Horizon Programme, our digital acceleration, innovation and continuous improvement initiative". [more - original PR]
Background ✨
TAP Air Portugal CEO Luís Rodrigues said 1Q2026 results were "strong", with South American and North American markets playing a "decisive" role, while it prioritised discipline, efficiency and revenue quality amid cost pressures and operational challenges1. TAP also flagged for the rest of 2026 that demand and booking momentum should support higher load factors and improved unit revenues despite capacity growth, underpinned by Airbus neo fleet modernisation and trans-Atlantic growth focused on Brazil and Porto expansion2.
Most Read News Headlines
IATA: Fuel shock varies across airline markets
IATA stated (28-Aug-2026) global jet fuel prices rose by 121% between Apr-2025 and Apr-2026, but not all airlines faced the same increase in their fuel costs. Details include:
- Jet fuel is priced predominantly in US dollars, while many airlines earn most their revenue in a range of other currencies, so exchange rate movements "either amplified or mitigated the impact". Differences in regional jet fuel benchmarks meant that fuel prices did not rise by the same amount everywhere. As a result, the same global jet fuel shock translated into different outcomes across airline markets;
- The largest jet fuel cost increases were recorded in markets where the regional jet fuel prices rose strongly, and where currencies weakened against the US dollar. Japan was among the most severely impacted, with an increase of 173% in the local currency price of jet fuel, driven by a 148% rise in the regional jet fuel price and a 10% depreciation of the yen. The local jet fuel price jumped by 170% in India, also due to an above average local jet fuel price and currency depreciation;
- Several markets were partially shielded from the shock due to currency appreciation. The Brazilian real and the Mexican peso appreciated by approximately 15% against the US dollar, which, together with a "less severe" increase in the regional jet fuel price, limited the rise in the local currency price of jet fuel to 86%;
- In the euro area, the stronger euro helped reduce the increase to 118%;
- China was an exception, despite a stronger renminbi against the dollar, above average regional fuel price increases left airlines facing a local currency fuel price increase of 132%. [more - original PR]
GOL to commercially represent avianca in Brazilian market
Abra Group CCO Angus Clark confirmed GOL will commercially represent avianca in the Brazilian market (Aeroin/PANROTAS, 26-Aug-2026). GOL's commercial team will take over the management of avianca's flight offerings, connections and products in Brazil.
Background ✨
Avianca and GOL expanded their codeshare partnership effective Jul-2025, adding numerous GOL domestic routes from Brasília into the joint network.1 Avianca sales director for Colombia and South America David Alemán said it promoted Brazil, citing connectivity via GOL and direct services to Rio de Janeiro and São Paulo, alongside initiatives with Embratur.2 Abra Group CCO Angus Clarke said the group aimed for "a single face to the customer" across subsidiaries, while interaction "evolving".3