International air cargo demand showed a slight improvement in November 2012, but on cumulative terms, traffic remains on a decline, according to figures released January 3 by the Association of Asia Pacific Airlines (AAPA).
Airfreight traffic for the month was 0.9 percent above the levels of November last year, a slight improvement on the weaker trend so far this year, the trade association for international airlines based in the Asia-Pacific region said.
Combined with a 1.9 percent decline in offered freight capacity, the average international air cargo load factor was 1.8 percentage points higher, at 67.7 percent.
Describing the first 11 months of 2012, Andrew Herdman, AAPA director general, said, “The air cargo market has had another disappointing year, with international freight traffic down a cumulative 3.6% on last year’s levels, reflecting weak demand for Asian exports to the major developed markets, particularly Europe.”
Photo: InSapphoWeTrust
