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Asia Pacific airlines see slight pickup in cargo demand

Asia Pacific airlines saw marginal improvement in air cargo demand in May, according to the Association of Asia Pacific Airlines’ preliminary traffic figures.

International air cargo demand, in freight tonne kilometers, was 0.5 percent above the levels of May 2012. Combined with a 2.2 percent increase in offered freight capacity, the average international air cargo load factor was 1.1 percentage points lower, making it 65.2 percent.

Asia Pacific airlines saw international passenger traffic grow by 3.2 percent.

“Overall, during the first five months of the year, Asia Pacific airlines carried a combined total of 88.8 million international passengers, an encouraging 5.2 percent increase compared to the same period last year,” Andrew Herdman, AAPA director general, said. "Air cargo demand, on the other hand, has been depressed for the past couple of years. For the first five months of 2013, Asian airlines experienced a further 2.4 percent decline in air freight traffic volumes, reflecting weak trading conditions in key export markets."