News

Solid growth boosts APAC airlines

Passenger growth across Asia Pacific remained strong in May, reflecting an encouraging first five months of the year for the region’s airlines.

Figures from the Association of Asia Pacific Airlines (AAPA) show a 3.3% rise in the number of international passengers last month.

Traffic, measured in revenue passenger kilometres, climbed 3.2% but that failed to keep pace with the 5.1% rise in capacity.

The disparity led to a 1.3 percentage point fall in load factor to 74.1%.

“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% increase compared to the same period last year,” AAPA director general Andrew Herdman said.

Growth in leisure and business demand was sustained despite ongoing global economic uncertainty, he added.

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