Asia Pacific (APAC) airlines have displayed consistently strong growth in terms of passengers demand, however, the demand for international freight has weakened, according to new statistics.
The Association of Asia Pacific Airlines (AAPA) released preliminary traffic figures for September 2013, with Asia Pacific airlines registering 8.2 percent growth in international passengers carried.
This growth has been supported by amplified leisure and business travel throughout the region.
International passenger demand grew by 6.3 percent, while available seat capacity was up 5.2 percent, leading to minor increases in the average international passenger load factor for the month.
Air cargo demand declined by 2.1 percent in September, compared to the same month last year.
“Sustained regional economic growth, as well as the recovery of the US economy, underpinned consumer and business spending, fuelling further growth in passenger travel markets,” AAPA director general Andrew Herdman said.
“Air cargo volumes appear to have stabilised over the past few months but rates remain under pressure due to an overhang of excess freighter capacity.”