Macroeconomic weaknesses impact A-Pac volumes ahead of peak season

CAN, SZX face cancellations due to COVID-19 restrictions

Photo/Cathay Pacific

Declines seen in Asia-Pacific volumes ahead of peak season are due to economic weaknesses, COVID-19-related disruptions and low manufacturing levels, stakeholders say. Asia-Pacific volumes have been declining since March, despite recovering passenger traffic, with an 11.6% year-over-year decline in July traffic, according to the most recent data from the Association of Asia Pacific Airlines (AAPA). […]

 

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