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Asia Pacific June air cargo demand rises 4.7pc with 66pc load factor
THE Association of Asia Pacific Airlines (AAPA) says cargo demand continued to expand in June for Asia Pacific carriers, according to preliminary traffic figures.
Helped by positive consumer and business sentiment in major developed economies, demand for air freighted goods continued to grow, said the AAPA.
In freight tonne kilometres (FTK), air cargo demand grew 4.7 per cent year on year while the average international load factor rose for the second consecutive month by 0.8 percentage points to 66.1 per cent in June.
"The first six months of this year saw a 4.9 per cent increase in the number of international passengers carried by Asia Pacific airlines to an aggregate total of 123.5 million," said AAPA director general Andrew Herdman.
"Within the same period, air freight demand grew by 4.6 per cent, underpinned by a long-awaited pick-up in global trade activities," he said.
"Overall demand is expected to be positive, supported by continued growth in regional economies and further improvement in the US and European economies," Mr Herdman said.
But he warned competitive pressures remain intense, forcing Asian airlines to keep a close eye on costs while carefully managing capacity.
Helped by positive consumer and business sentiment in major developed economies, demand for air freighted goods continued to grow, said the AAPA.
In freight tonne kilometres (FTK), air cargo demand grew 4.7 per cent year on year while the average international load factor rose for the second consecutive month by 0.8 percentage points to 66.1 per cent in June.
"The first six months of this year saw a 4.9 per cent increase in the number of international passengers carried by Asia Pacific airlines to an aggregate total of 123.5 million," said AAPA director general Andrew Herdman.
"Within the same period, air freight demand grew by 4.6 per cent, underpinned by a long-awaited pick-up in global trade activities," he said.
"Overall demand is expected to be positive, supported by continued growth in regional economies and further improvement in the US and European economies," Mr Herdman said.
But he warned competitive pressures remain intense, forcing Asian airlines to keep a close eye on costs while carefully managing capacity.
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