{"id":66192,"date":"2025-02-03T14:52:10","date_gmt":"2025-02-03T14:52:10","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/asia-pacific-airlines-record-solid-traffic-growth-for-2024\/"},"modified":"2025-02-03T14:52:10","modified_gmt":"2025-02-03T14:52:10","slug":"asia-pacific-airlines-record-solid-traffic-growth-for-2024","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=66192","title":{"rendered":"Asia Pacific airlines record solid traffic growth for 2024"},"content":{"rendered":"


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Airlines in the Asia Pacific region recorded a solid traffic growth for the year 2024.\u00a0<\/p>\n

This is based on preliminary traffic figures for the full calendar year 2024, released by the Association of Asia Pacific Airlines (AAPA).\u00a0<\/p>\n

The numbers showed strong growth in both international air passenger and cargo markets, brought by increase in flight frequencies, and a robust e-commerce landscape. AAPA also said that disruptions to maritime shipping led to higher volumes in air cargo.<\/p>\n

In total, Asia Pacific airlines carried a combined total of 365 million international passengers in 2024, a 30.5% increase from 2023.<\/p>\n

Demand measured in revenue passenger kilometres (RPK) increased by 28.0%, reflecting relative strength on regional routes. After accounting for a 26.6% expansion in available seat capacity, the average international passenger load factor rose 0.9 % higher to 81.6% for the year.<\/p>\n

International air cargo growth, meanwhile, showed healthy growth in 2024 after two years in decline. Demand measured in freight ton kilometers (FTK) rebounded with a solid 14.9% increase for the year, slightly outpacing a 14.6% growth in offered freight capacity. As a result, the average international freight load factor rose by a marginal 0.2 percentage points to 61.0% in 2024, AAPA said.<\/p>\n