AAPA airlines report 3% fall in international pax in Aug-2009
- Passenger numbers: 11.9 million, -2.9% year-on-year;
- Passenger load factor: 77.9%, +1.5 ppt;
- Cargo traffic (FTKs): -12.2%. [more]
AAPA: “The airline industry remains in critical condition, despite some signs of a modest recovery in traffic volumes in recent months. Airline revenues have been further undermined by the need to aggressively discount fares to stimulate demand in a shrinking market. Even with the benefit of capacity cutbacks and other cost reduction efforts, airlines are still suffering heavy losses, and are focused on survival. Along with manufacturers and other service providers in the value chain, we need to work together to weather the crisis, and ensure that the industry continues to meet the needs of the travelling public for safe, secure and affordable air travel, whilst positioning for recovery,” Andrew Herdman, Director General. Source: AAPA, 25-Sep-2009.