Preliminary June traffic figures released by Association of Asia-Pacific Airlines (AAPA) show there was strong demand for international air cargo capacity in the region in June. Overall, Asia-Pacific airlines recorded a 16.4 per cent YoY increase in international air cargo demand in the month. After accounting for a 12.6 per cent growth in offered freight capacity, the average international freight load factor climbed by 2 percentage points to an average of 62.8 per cent for the month. “Asian airlines are seeing robust traffic growth, in tandem with expansion in global economic activity and improvements to connectivity within the region and globally. A pick-up in export activity, coupled with disruptions to maritime shipping, drove an increase in air freight volumes carried across major trade lanes in June,” Subhas Menon, Director General, AAPA, said. Rising e-commerce trade and security concerns in the Red Sea also spurred the need for air freight capacity. “International air passenger and cargo markets are poised for further growth in the latter half of the year, driven by sustained positive momentum in the global economy, despite some uncertainties,” he added.
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