Asia Pacific airlines saw solid growth in international passenger traffic in July. With a 147% increase to 27 million, demand averaged 82% of 2019 volumes.
The first half of 2023 saw a robust 241% year-on-year growth in international passenger demand (RPK), amounting to 65% of pre-pandemic levels seen in the corresponding period in 2019. On the other hand, international cargo demand (FTK) declined by 10% year-on-year.
PRESS RELEASE: Asia Pacific Airlines Preliminary Traffic Results – June 2023 - Strong passenger demand, weak cargo markets https://rb.gy/pb060
Trade tensions likely to weigh down on cargo markets, air travel demand expected to demonstrate resilience. http://rb.gy/e06zw
Strong travel appetite continued to spur recovery in passenger demand, air cargo demand remained soft. http://rb.gy/e06zw
International passenger demand grew by 162.6% y-o-y in May, averaging 69.2% of the same month in 2019. However, international air cargo demand declined by 6.5% y-o-y, reflecting weakness in export activity.
PRESS RELEASE: Asia Pacific Airlines Preliminary Traffic Results – May 2023 - Steady recovery in passenger demand, air cargo markets on the wane https://rb.gy/e06zw
PRESS RELEASE: AAPA announces appointment of Captain Roshan Joshi as its new Technical Head from 1 April 2023. https://shorturl.at/ghL35
The Asian airlines are taking measures such as staff recruitment, training, and investments in digitalisation to meet strong recovery in demand http://bit.ly/3lVlLVD