AAPA Airlines Show Solid Expansion In May

Preliminary May 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) show solid expansion in both international air passenger demand and air cargo markets, in tandem with an acceleration in economic activity globally.

The AAPA said that in May, the region’s airlines carried a combined total of 27.9 million international passengers, 23.9% more than in the same month last year.

It noted that traffic averaged 89.4% of 2019 levels.

Measured in revenue passenger kilometres (RPK), demand grew by 27.4% year-on-year, reflecting strength in long haul travel markets. The AAPA said that after accounting for a 26.4% expansion in available seat read more ⇒

Source:: AirlineRatings.Com

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