Asia Pacific airlines cargo down 11 per cent

ASIA Pacific airlines experienced steep declines in passenger and cargo volumes with revenues down by 20 to 25 per cent for some of the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA).
Cargo dropped 11 per cent year on year while it carried 132.9 million international passengers which revealed a 5.7 per cent decline.
AAPA`s director-general Andrew Herdman said the downturn of the last two years has been the severest yet for the region but traffic is showing signs of recovery but is dependent on a "fragile global recovery."
"The cargo business is regaining some of its dynamism, and passenger demand on short-haul leisure routes within the region has already picked up, although business travel demand is recovering more slowly," he said in a report from The Associated Press.
The AAPL represents Air New Zealand, All Nippon Airways, Asiana Airlines, Cathay Pacific, China Airlines, Dragonair, EVA Air, Garuda Indonesia, Japan Airlines, Korean air, Malaysia Airlines, Philippine Airlines, Qantas Airways, Royal Brunei Airlines, Singapore Airlines, Thai Airways International and Vietnam Airlines.