27-Aug-2009 11:11 AM

AAPA airlines report 8% fall in Jul-2009 pax

Association of Asia Pacific Airlines (AAPA) reports (26-Aug-2009) the following international traffic highlights by member airlines in Jul-2009:

  • Passenger numbers: 11.5 million, -7.8% year-on-year;
  • Passenger load factor: 76.6%, -1.7 ppt;
  • Cargo traffic (FTKs): -11.4%. [more] [more - Perspective]

AAPA: “The Asia Pacific air transport industry continues to experience weak demand for both passenger and freight traffic, still well below the levels of last year, despite some encouraging signs of a broader economic rebound taking shape across the region. Airlines are still under enormous pressure, with sharp falls in revenues as a result of lower fare levels. In managing their way through the crisis, airlines remain focused on further cost-cutting measures, whilst offering highly competitive fares and travel packages aimed at winning back more passengers. Traffic reductions may be easing, but a return to growth is still some way off. Meanwhile, there is an added concern that oil prices remain stubbornly high, and could derail what is likely to be a fragile recovery for the global economy,” Andrew Herdman, Director General. Source: AAPA, 26-Aug-2009.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More