AAPA airlines report 8% rise in international pax in Jan-2010
- Passenger numbers: 14.9 million, +8.1% year-on-year;
- Passenger load factor: 78.6%, +5.6 ppts;
- Cargo traffic (FTKs): +33.1%. [more]
Association of Asia Pacific Airlines: “In the international air cargo market, the strong momentum of recent months has been maintained in line with a general recovery in international trade, although it is worth noting that air cargo volumes are still 7% lower than they were two years ago, in January 2008. Despite welcome signs of an ongoing recovery in demand, airlines are still facing an uphill battle to restore profitability in the face of stubbornly high oil prices, whilst low ticket prices reflect competitive forces and under-utilised capacity across the industry as new aircraft deliveries outpaced demand growth,” Andrew Herdman, Director General. Source: AAPA, 24-Feb-2010.