Trans-Pacific rates, traffic decline early in 2019

Airfreight traffic among Asia-Pacific carriers is on the decline so far in 2019, defying expectations of increased shipments ahead of the Chinese New Year. Meanwhile, while data from the TAC Index, which publishes weekly average general cargo prices on major global origin-destination pairs, indicates that trans-Pacific airfreight rates between Hong Kong and North America have likewise fallen nearly […]
  • Caryn Livingston
  • March 11, 2019

AAPA: volume grew 4 percent in 2018, but flattened at year end

The Association of Asia Pacific Airlines (AAPA) released its end of the year results, which show that between 2017 and 2018, member airlines’ cargo volumes increased by 4 percent. However, any year-over-year growth in 2018 wasn’t thanks to the fourth quarter, which is normally peak season for air cargo demand. In December, traffic declined by […]
  • Nina Chamlou
  • January 28, 2019

November air cargo demand plateaus for Asia-Pacific carriers

Soon after WorldACD released data at the end of last year indicating a surprising slowdown in air cargo demand for the month of November 2018, the preliminary report for the same month from Association of Asia Pacific Airlines (AAPA) today indicated similarly flat year-over-year demand in the Asia-Pacific region. However, the November 2017 figures that […]
  • Randy Woods
  • January 7, 2019

AAPA reports steady growth during October

The Association of Asia Pacific Airlines’ (AAPA) most recent traffic results suggest that October was a healthy month for Asia-based carriers, despite continued fears rooted in recently implemented trans-Pacific trade policies. The average cargo traffic totals from the organization’s member airlines, measured in freight tonne kilometers (FTKs), increased by 5.6 percent, year-over-year, which is about […]
  • Nina Chamlou
  • November 28, 2018

AAPA reports moderate growth, higher fuel prices

Growth in demand for trans-Pacific capacity dipped slightly during September, according to the Association of Asia Pacific Airlines’ (AAPA) latest regional traffic results released earlier today. Member airlines’ air cargo traffic, measured by freight tonne kilometers (FTKs), grew by 4.4 percent during the month “against a backdrop of easing expansion in global manufacturing production and […]
  • Nina Chamlou
  • October 25, 2018

AAPA: 5 percent FTK growth in July

Today the Association Asia Pacific Airlines (AAPA) released its traffic results for the month of July, indicating a 5 percent growth in freight tonne kilometers (FTKs) among member airlines. “For the upcoming months, the global economic outlook remains positive, despite some concern that uncertainties over future trade policy could undermine business confidence international,” said Andrew […]
  • Nina Chamlou
  • August 27, 2018

AAPA traffic growth continued to slow in June

The latest cargo traffic results released by the Association of Asia Pacific Airlines (AAPA) continued a pattern of gradual decline in traffic growth among its member carriers since April. The organization reported a 3.4 percent year-on-year growth rate in freight tonne kilometers (FTKs) handled for the month of June. The number marks a 1.5 percent drop […]
  • Nina Chamlou
  • July 24, 2018

AAPA reports stable May growth, warns of protectionist policies’ effect on demand

The Association of Asia Pacific Airlines (AAPA) today reported a 4.9 percent year-over-year increase in its member carriers’ cargo traffic to 6.13 billion FTKs. The AAPA said the growth was driven by generally solid economic growth across the Asia-Pacific region, combined with stronger demand for manufactured goods. The May growth is slightly lower than the […]
  • Nina Chamlou
  • June 26, 2018

AAPA reports slowing growth in April

The Association of Asia Pacific Airlines (AAPA)’s most recent traffic results show volume growth among member carriers – a 5.8 percent increase, year-over-year, in freight tonne kilometers (FTKs) moved by member carriers in April – but AAPA also notes that the rate at which traffic is growing is losing steam. While the results are still […]
  • Nina Chamlou
  • May 29, 2018

Asia-Pacific carriers experience robust cargo growth, higher yields, in 2017

With major manufacturing economies in the Asia-Pacific region benefitting from increased trade activity, the area' airlines reported a robust 9.6 percent jump in international air cargo traffic as measured in freight tonne kilometers (FTK) for the year, according to preliminary aggregated financial performance figures released over the weekend by the Association of Asia Pacific Airlines […]
  • Randy Woods
  • May 14, 2018

Association of Asia Pacific Airlines reports slowing growth in March

Results from the Association of Asia Pacific Airlines (AAPA) for March – Growth in cargo traffic measured in freight tonne kilometers (FTKs) slowed to 2.8 percent last month among AAPA’s member carriers, compared to the 13 percent growth in March of 2017. The 10 percent decrease in growth rate year-over-year is somewhat disconcerting, but the association […]
  • Nina Chamlou
  • April 26, 2018

AAPA July airfreight demand surges with manufacturing growth

In what is beginning to sound like a skipping record, another airfreight group is reporting more good news about traffic. In this case, it’s the Association of Asia-Pacific Airlines (AAPA) saying that airfreight demand in the Asia-Pacific region continues to soar, according to preliminary results from the association’s carriers in July. Cargo traffic in the […]
  • Caryn Livingston
  • August 28, 2017

Asian air cargo markets register moderate gains

Preliminary August traffic figures released by the Association of Asia Pacific Airlines (AAPA) today showed moderate gains in air cargo volumes and insignificant changes in year-over-year (y-o-y) freight load factors. That said, the figures failed to dispel cynicism about the region’s “generally lackluster international air cargo demand for the January-August period,” according to Andrew Herdman, […]
  • Lewis King
  • September 29, 2016

Asia-Pacific airlines’ profit falls slightly in 2014

The Association of Asia Pacific Airlines (AAPA), which includes 26 Asia-Pacific-based carriers, released preliminary figures for 2014, revealing that, in the aggregate, they operated with close to break-even status, with US$50 million net loss, compared to a net profit of US$2.2 billion in 2013. High fuel costs in the early part of the year and […]
  • Staff Reports
  • May 21, 2015
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