Asia Air Freight Jumps 32 Percent

Asia Air Freight Jumps 32 Percent

Cargo traffic for Asia-Pacific airlines grew 32.1 percent in April as carriers expanded capacity at the sharpest rate yet to meet recovering demand in the region, according to the Association of Asia Pacific Airlines.

The traffic growth over the same month last year marked the third time in the last four months freight business has grown more than 30 percent for carriers over the depressed period at the start of 2009.

It also marked the fifth straight month of accelerating capacity expansion, with freight capacity growing 13.2 percent over the same month a year ago.

The April figures also gave the Asia airlines 34.1 percent more freight traffic in the first four months of 2010 than they measured in the same four-month period a year ago.

“Overall, traffic demand is now back to the levels seen before the recession,” said AAPA Director General Andrew Herdman.

Although the figures were sharply ahead of last year, April’s figure for total freight metric-ton kilometers flown was slightly behind the measure for March, suggesting momentum in demand recovery has slowed down and carriers will see smaller growth figures in coming months as year-over-year comparisons get tougher.

For full figures on Asia air freight traffic, see By the Numbers.