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Encouraging Data Buoy Asian Carriers

After battling their most difficult year on record, with combined losses of $843.8 million, encouraging traffic figures are giving Asia's airlines reason for optimism.

The 19-member Assn. of Asia Pacific Airlines (AAPA) said traffic for September increased 2.2% over last year, while average load factors were up 3.6 points to 72% and well up from a low spot of 63% last May.

AAPA Director General Richard Stirland told the annual presidents' meeting here that the traffic decline has bottomed out and there are signs of recovery.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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