A trusted source of Asia-Pacific commercial aviation news and analysis

MARCH 2024

Week 9


Regional industry association reports commercial carriers flew 27 million international passengers in January

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March 1st 2024

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Airlines across the region had a good start to the year, the Association of Asia Pacific Airlines (AAPA) said. Read More » International passengers increased 49.4% against the previous corresponding period and air traffic reached 82% of same month in 2019. Demand, measured in revenue passenger (RPK), was higher by 48.3% year-on-year and capacity expanded 51.3% compared with a year ago. International passenger load factor averaged 79.9% for the month, a decline of 1.6 percentage points in the 31 days. “The upcoming year looks broadly positive for the region’s carriers, given renewed optimism about the global economic outlook. However, as capacity restoration progresses, airlines face intensifying competition. In addition, the cost environment remains challenging as inflationary pressures continue to be felt from supply chain issues,” AAPA director general, Subhas Menon, said.

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