News
Commercial airline association reports robust international growth to continue
February 1st 2024
The Association of Asia Pacific Airlines (AAPA) said the region’s carriers strengthened their recovery from the pandemic in 2023, reporting healthy international passenger demand underpinned by strong appetite for travel after all pandemic-related travel restrictions were removed. Read More » AAPA traffic figures show airlines across the Indo-Asia-Pacific recorded a 161.0% increase in international passengers carried, at 278.5 million air travellers. Demand, or Revenue Passenger Kilometres, rose 131.0% and capacity was higher by 106.2%. International passenger load factor returned to pre-pandemic numbers, delivering an averaged 80.9% for the year, better by 8.7% against 2022. “This year promises to be another good one for Asia’s airlines. International passenger traffic is poised to return to pre-pandemic levels in the coming months, buoyed by the return of tourism and resilient expansion of the region’s economies. However, some uncertainties include the potential erosion in business and consumer sentiment from rising geopolitical risks. Against this background, the region’s airlines remain alert to market influences while investing for growth,” AAPA director general, Subhas Menon, said.
