Air passenger and cargo demand continues to grow in Feb 2025: AAPA
The submit Air passenger and cargo demand continues to grow in Feb 2025: AAPA appeared first on TD (Travel Daily Media) Travel Daily Media.
Preliminary February 2025 visitors figures launched by the Association of Asia Pacific Airlines (AAPA) confirmed continued development in worldwide passenger and cargo markets, supported by optimistic enterprise and shopper demand throughout the area.
Commenting on the outcomes, Subhas Menon, AAPA Director General, mentioned, “In the first two months of the year, combined international passenger traffic for the region’s carriers rose by a robust 13%, reaching a total of 66 million passengers. During the same period, international air cargo demand increased by 4% year-on-year, supported by higher demand for consumer and intermediate goods.”
Looking forward, Menon mentioned, “Overall, airlines are expected to continue to benefit from sustained travel demand and growth in air shipments as a result of ongoing expansion in e-commerce activity. However, the region’s carriers are facing headwinds, particularly as rising costs, driven in part by fleet capacity constraints, continue to exert pressure on revenue.”
Menon added, “The recent rise in protectionist sentiment also presents potential challenges to trade and broader business activity. In response, Asian airlines are maintaining a cautious stance, closely monitoring evolving operating conditions while actively exploring opportunities in high-potential growth markets.”
An mixture complete of 30.8 million worldwide passengers flew on the area’s carriers in February, representing a 5.9% improve over the quantity recorded in the identical month final yr, on the again of the Lunar New Year vacation interval. In income passenger kilometre (RPK) phrases, demand grew by 9.2% year-on-year, reflecting relative power on long-haul markets. Combined with an 8.6% growth in out there seat capability, the typical worldwide passenger load issue edged 0.4 share factors larger to 82.2% for the month.
Meanwhile, worldwide air cargo demand, as measured in freight tonne kilometres (FTK), grew by a extra modest 2.8% year-on-year in February, as export exercise slowed throughout the most important manufacturing hubs, notably China, through the festive celebrations. Offered freight capability elevated by 6.0%, outpacing the expansion in demand to outcome in a 1.7 share level decline in the typical worldwide freight load issue to 56.5% for the month.
The submit Air passenger and cargo demand continues to grow in Feb 2025: AAPA appeared first on Travel Daily Media.