Travel Trends

Asia Pacific Airlines Traffic Results for August 2015 Show Sustained Growth

Underpinned by a boost in leisure travel demand during the holiday season, the region’s operators carried a combined total of 24.9 million international passengers in August, 7.2% more than the same month last year.

Asia Pacific Airlines Association

Preliminary traffic figures for the month of August released today by the Association of Asia Pacific Airlines (AAPA) showed sustained growth in international passenger demand, but air cargo markets remained relatively weak.

Underpinned by a boost in leisure travel demand during the holiday season, the region’s operators carried a combined total of 24.9 million international passengers in August, 7.2% more than the same month last year. Demand in revenue passenger kilometre terms (RPK) grew by 8.2%, outpacing the 5.7% expansion in available seat capacity to result in a 1.8 percentage point increase in the average international passenger load factor to a year-to- date monthly high of 83.0%.

The weakness in air cargo markets extended to the month of August, with demand in freight tonne kilometre (FTK) terms recording a slight 0.3% decline compared to the same month last year. Offered freight capacity grew by 3.3%, and consequently the average international freight load factor fell by 2.2 percentage points to 61.0% for the month.

Commenting on the results, Mr. Andrew Herdman, AAPA Director General said, "The positive trend seen in the growth of international air passenger demand continues, and has been given a further boost by the widespread availability of affordable airfares. Overall, for the first eight months of the year, we saw an 8.7% increase in the number of international passengers carried by Asia Pacific airlines to a combined total of 184.2 million.”

Mr. Herdman added, “On the other hand, air cargo markets remain weak, reflecting a further slowdown in world trade in recent months. Overall, however, after accounting for the initial growth spurt earlier this year, air cargo demand has still registered a 3.0% increase for the first eight months of the year.” 

Mr. Herdman concluded, “Looking ahead, the outlook for air passenger markets remains positive, with competitively priced fares underpinning robust consumer demand. The outlook for air cargo markets is more uncertain, given signs of weakness in global trade activities, but should see some seasonal demand as we move towards the end of the year.”

TRAFFIC UPDATE PRELIMINARY

International Scheduled Services of Asia Pacific Airlines

International

page2image7200

Aug-15

page2image9240

Aug-14

page2image10640

% Change

page2image12080

Jan-Aug 2015

Jan-Aug 2014

page2image14320 page2image14640

% Change

Passengers (000)

24,889

23,213

+ 7.2%

184,216

169,446

+ 8.7%

RPK (mn.)

page2image22992

91,781

page2image24536

84,838

page2image25600

+ 8.2%

page2image26704

665,521

614,567

page2image28352 page2image28672

+ 8.3%

ASK (mn.)

page2image31256

110,542

page2image32504
page2image33296

104,534

page2image34224
page2image34696

+ 5.7%

page2image35664
page2image36136

843,471

page2image37064

793,266

page2image38296 page2image38616

+ 6.3%

page2image39584 page2image39904

Passenger Load Factor

83.0%

81.2%

+ 1.8 pp

78.9%

77.5%

+ 1.4 pp

FTK (mn.)

page2image47184

5,291

page2image49224

5,306

page2image50624

- 0.3%

page2image52064

42,669

41,422

page2image54224 page2image54544

+ 3.0%

FATK (mn.)

8,680

8,401

+ 3.3%

67,174

64,390

+ 4.3%

Freight Load Factor

page2image63296

61.0%

page2image64544
page2image65336

63.2%

page2image66264
page2image66736

- 2.2 pp

page2image67744
page2image68216

63.5%

page2image69144

64.3%

page2image70376 page2image70696

- 0.8 pp

page2image71704 page2image72024
  • Effective September 2014, the dataset comprises aggregated traffic data from the following 31 Asia Pacific based carriers: 5J, 6E, 9W, AI, AK, BI, BR, CA, CI, CX, CZ, GA, JL, JQ, KA, KC, KE, MH, MU, NH, NZ, OZ, PG, PR, SG, SQ, TG, TR, QF, VA and VN.

  • Previous year data adjusted for comparison purposes

  • RPK = revenue passenger kilometres

  • ASK = available seat kilometres

  • FTK = freight tonne kilometres

  • FATK = available freight tonne kilometres

  • All figures, including estimates for missing data, are provisional 



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