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Airlines in Asia-Pacific post 193% year-on-year international passenger growth
June 29th 2023
Asia-Pacific carriers flew 21.4 million international passengers in May, close to three times more than the 7.3 million international passengers flown in the same month in 2022. Read More » In addition to the strong growth, the latest monthly results were 5.4% higher than the 20.3 million air travellers the region’s airlines transported in April, the Association of Asia Pacific Airlines (AAPA) said. “Strong travel appetite continued to spur recovery in passenger demand,” AAPA director general, Subhas Menon, said. “Overall, the outlook for airlines remains positive with the recent moderation in oil prices providing some relief to operating expenditure even though the industry will continue to face inflationary cost pressures.” The May results were 70.4% of the 30.4 million international passengers transported by Asia-Pacific airlines in pre-COVID-19 May 2019.
