Asia-Pacific Air Cargo Demand Rose 4.3 Percent in January

Asia-Pacific Air Cargo Demand Rose 4.3 Percent in January

The Association of Asia Pacific Airlines reported preliminary traffic figures in January showed demand for air cargo strengthened in advance of the Chinese New Year holiday period, which fell in February this year, versus January last year.

Asia-Pacific international air cargo demand, measured in freight metric ton kilometers, recorded a 4.3 percent increase compared with January 2012. The average Asia-Pacific international air cargo load factor was 2.9 percentage points higher at 62.8 percent in January, on a 0.4 percent contraction in available freight capacity.

Comparisons with last year are “somewhat distorted” by the difference in timing of the Chinese New Year holidays, affecting cargo traffic flows, but February traffic data should provide a better sense of the underlying trends of cargo demand, said Andrew Herdman, AAPA director general, in a written statement.