Asian air traffic keeps climbing
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A total of 21.8 million international passengers flew on Asia Pacific’s airlines in February 2015, marking an 11.9% increase compared to the same month last year, according to the latest data from the Association of Asia Pacific Airlines (AAPA).
Boosted by strong leisure travel demand during the Chinese New Year period, traffic growth exceeded an 8.0% expansion in available seat capacity during the month, resulting in a 1.3 percentage point rise in the average passenger load factors, which reached 78.1%.
“The timing of the Chinese New Year holiday period affects the monthly comparisons, but taken together, the first two months of the year saw an 8.2% increase in the number of international passengers carried by Asia Pacific airlines to a combined total of 44.3 million, buoyed by healthy demand to major holiday destinations in the region,” said Andrew Herdman, AAPA director general.
“The demand outlook for Asian carriers remains broadly positive, supported by the benefits of lower oil prices. Nevertheless, Asian airlines are having to carefully match capacity growth with actual demand, whilst coping with the effects of increased currency volatility affecting both costs and revenues,” he added.
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