AAPA: Asia Pacific air freight was soft in Jan-2020

Association of Asia Pacific Airlines (AAPA) reported (26-Feb-2020) international air cargo volumes in the Asia Pacific for Jan-2020 were soft, in part due to the closure of factories in Asia for the holiday season. FTKs fell 4.0% year-on-year, while ATKs grew by 2.7%. As a result, the average international freight load factor declined by 3.7pp to 53.0%. [more - original PR]