Air cargo data from Asia-Pacific airlines for July showed that airlines continued to benefit from robust e-commerce demand and ongoing disruptions to ocean shipping.
According to provisional traffic data for July released by the Association of Asia Pacific Airlines (AAPA), international air cargo demand, measured in cargo tonne kilometres (FTK), grew 12.3% year-on-year, while capacity increased 11%.
This helped the average international cargo load factor for the month increase by 0.7 percentage points to 61.1%.
“International air cargo demand increased 15.6 percent year-on-year, in contrast to the sluggish levels seen in the same period last year,” AAPA Secretary General Subhash Menon said of the first seven months of the year.
A recent webinar hosted by Xeneta and Tiaca urged shippers to reserve space and develop contingency plans as the air cargo market faces capacity shortages from key Asian markets during peak season.
The strong air cargo figures for July are down compared to the even stronger figures recorded in the region over the previous two months.
Asia Pacific airlines recorded a 16.4% year-on-year increase in international air cargo demand in June, and a 17.9% year-on-year increase in May.
AAPA Reports Strong Growth in Asia Pacific Air Cargo
Air cargo demand increases again for Asia Pacific airlines
