AAPA: Asia Pacific Airlines Profitability Sustained in 2016

18-May-2017 Preliminary financial performance figures released today by the Association of Asia Pacific Airlines (AAPA) revealed that Asia Pacific airlines registered US$6.9 billion in aggregate net earnings for the full year 2016. Solid growth in passenger demand, coupled with renewed strength in air cargo markets, helped negate yield pressures resulting from stiff competition, while the fall in jet fuel prices had an ameliorating effect on airline operating costs.