Asia-Pacific airlines saw just a marginal improvement in air cargo demand globally in May, according to statistics released by the Association of Asia Pacific Airlines (AAPA).

International air cargo throughput last month reached 4,871 freight tonne kilometers (FTK), a 0.5 percent increase over the levels in May last year.

Combined with a 2.2 percent increase in offered freight capacity, the average international air cargo load factor was 1.1 percentage points lower, at 65.2 percent.

From January to May, cargo volume totaled 23,340 FTK, down from 23,915 FTK year-over-year, AAPA, the trade association for international airlines that are based in the Asia-Pacific region, said.

Industry activity has been depressed for the past couple of years, noted Andrew Herdman, AAPA director general. “For the first five months of 2013, Asian airlines experienced a further 2.4 percent decline in airfreight traffic volumes, reflecting weak trading conditions in key export markets.”

 

Photo: woinary

You May Also Like

 Cathay transfers 16 Airbus jet orders to HK Express

The Cathay Pacific group announced it will allocate half of its 32 A321neo aircraft for delivery between 2020 and 2024 to HK Express, as…

TPP to give Malaysia access to 4 non-FTA markets, says trade minister

By eliminating most of the import duties, the Trans-Pacific Partnership (TPP) agreement will provide Malaysia access to four trading partners with which the country…

Pecson appointed PPP Center executive director

Ferdinand Pecson has been appointed as the new executive director of the Public-Private Partnership Center of the Philippines (PPP Center). Pecson replaced Andre Palacios,…

Survey: One-third of warehouse operators need to improve pick accuracy

Warehouse operators believe  improving their picking accuracy to near-perfect levels will help them become more effective and competitive in the industry, according to results…