Asian Pacific airlines note steady freight volume growth
Preliminary traffic figures for the month of September freshly released by the Association of Asia Pacific Airlines (AAPA) showed a steady growth in airfreight demand. The ongoing recovery in international trade saw further growth in exports from key Asian manufacturing centres, helping to underpin a 5.3% increase in international air freight demand, as measured in freight tonne kilometres (FTK). Combined with a 4% growth in offered freight capacity, the average international freight load factor edged up by 0.8 percentage points to 64.1% for the month under review.
When speaking recently with Vivien Lau, managing director of Hong Kong Air Cargo Industry Services (Hacis), a wholly-owned subsidiary of Hong Kong Air Cargo Terminals (Hactl), the ITJ staff learnt that optimism is the main feeling of the regional industry. "There are signs of improvement in Europe and the USA, the Middle Eastern hubs continue to grow, so we are quite confident that the general air cargo demand is picking up", she told us in Seoul (South Korea) earlier this month.