Preliminary traffic figures from the Association
of Asia Pacific Airlines (AAPA) for the month of April 2011 show a
slight increase in international passenger demand, whilst
international air freight markets recorded small declines,
reflecting a trend of moderating growth and the lingering effects
of the Japanese earthquake.
Asia Pacific airlines carried a total of 15
million international passengers in April, 1.6% more than in the
same month last year. International passenger traffic measured in
revenue passenger kilometers (RPKs) grew by 4.5%, reflecting
relatively strong demand on long haul international routes. The
average international passenger load factor for the month was 2.1
percentage points lower, at 75%, as a 7.4% expansion in available
seat capacity outpaced the growth in demand.
Air cargo traffic demand fell slightly, with
international freight tonne kilometres (FTK) 2% lower compared
to levels seen in the same month last year. Coupled with a 2.1%
increase in available freight capacity, the average international
freight load factor for the month declined by 2.9 percentage
points to 68.5%.
“Air passenger numbers
for the month of April held up pretty well, despite the sharp
falls in demand seen on Japanese routes, which normally account
for about a fifth of traffic in the Asia Pacific region. Growth in
passenger traffic for the month was underpinned by stronger demand
on long-haul international routes. On the other hand, air cargo
demand was relatively soft in April, falling by 2% in FTK terms,”
said Mr. Andrew Herdman, AAPA Director General. “During the first four months of the
year, the number of international passengers carried by Asia
Pacific based airlines grew by 3% compared to the corresponding
period in 2010, whilst international freight traffic matched last
year’s levels. Growth rates so far this year have been modest, and
are likely to remain subdued in the second quarter as a result of
the after-effects of the earthquake and tsunami in Japan, but will
hopefully pick up again in the second half of the year.”
“Despite recent events, the global
economic outlook still remains broadly positive. However, with
demand currently falling short of planned capacity growth, and
sharply higher fuel costs as a result of persistently high oil
prices, airlines are facing further pressure on already thin
margins, reiterating the need to strictly control costs throughout
the business,” Mr Herdman concluded.
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April 2011
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