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28-Apr-2016 8:30 AM

AAPA int’l pax up 5% to 24.4m in Mar-2016, cargo traffic down 5%

Association of Asia Pacific Airlines (AAPA) reported (27-Apr-2016) the following international traffic highlights for its member airlines in Mar-2016:

  • Passenger numbers: 24.4 million, +4.5% year-on-year;
  • Passenger traffic: +4.7%;
  • Capacity (ASKs): +6.7%;
  • Passenger load factor: 77.4%, -1.5 ppts;
  • Cargo traffic (FTKs): -5.3%;
  • Cargo load factor: 62.9%, -5.2 ppts. [more - original PR]

AAPA: "During the first quarter of the year, Asia Pacific airlines saw international passenger numbers increase by a solid 7.5% to an aggregate total of 72.8 million. However, international air cargo demand remained soft, with volumes declining by 6.5% compared to the same period a year ago, reflecting the general slowdown in global trade. Overall, the growth in demand for air passenger travel remains quite robust, supported by low oil prices and the widespread availability of affordable airfares. Some concerns remain over the global economic outlook, but the region's airlines are continuing to invest in new aircraft, and products and services to meet the projected growth in consumer demand." Source: Company statement, 27-Apr-2016.

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