Asia-Pacific cargo lift rises in 2016, but revenue, yields plummet

Cargo volume growth in the Asia-Pacific region gave some carriers optimism in 2016, but the increase in tonnage did not translate into higher revenues or yields, according to the preliminary assessment of the year by the Association of Asia Pacific Airlines (AAPA).

International air cargo traffic, expressed in freight tonne kilometers (FTK), grew by 1.3 percent in 2016, thanks to an increase in export activity in the second half of the year. Despite this volume growth, cargo revenue fell by 9...

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