Asia Pacific airlines boosted by robust demand for leisure travel in July
Published: 29/08/12
Source: ©The Moodie Report
By Melody Ng, Asia Bureau Chief
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ASIA PACIFIC. Asia Pacific airlines carried 18.5 million international passengers in July, +4.9% more than in the same month last year, boosted by robust leisure travel demand. These are preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA). Measured in revenue passenger kilometre (RPK) terms, international passenger traffic grew by +3.2%, reflecting stronger growth on shorter regional routes. Offered seat capacity increased by +3.5%, resulting in an average international passenger load factor of 80.6% for the month, a marginal decline of 0.3 percentage points.
Commenting on the results, AAPA Director General Andrew Herdman said: “Asia Pacific airlines registered an impressive +8.1% increase in the number of international passengers carried during the first seven months of the year, with air travel demand holding up well despite signs of a general slowdown in global economic activity. However, international air cargo demand fell by -4.4% during the same period, reflecting continued weakness in key export markets.
“Airlines still face a very challenging operating environment, given the adverse impact of high oil prices and the uncertain global economic outlook,” Herdman concluded.
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