Asia-Pacific airlines grow cargo revenue, yields in 2018

Despite slower growth in air cargo demand, airlines in the Asia-Pacific region generated US$21.2 billion in cargo revenue in 2018, 11.5% higher than 2017, and increased their yields by 8.9%, year-over-year, to US$0.27 per freight tonne kilometer (FTK), according to preliminary financial performance figures released by the Association of Asia Pacific Airlines (AAPA). The association’s […]

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Jeff Lee

Jeff Lee is the Associate Editor of the company’s monthly newsletter, Cargo Facts, and weekly e-mail publication, Cargo Facts Update. Prior to joining the company in 2019, Jeff covered the freight industry with another publication for four-and-a-half years. He holds a Bachelor of Laws from University College London and a Master of Journalism from the University of Hong Kong.