Airlines based in the Asia Pacific region carried a total of 25.9 million international passengers in August 2016, 4.1% more than the same month last year.
According to the latest data from the Association of Asia Pacific Airlines (AAPA), the growth was driven by rising demand on both regional and long-haul routes.
However, capacity expansion of 6.2% outpaced the growth in traffic, resulting in a 1.5-percentage point decline in the region’s average load factor, to 81.5%.
“Asian economies are still growing and demand for air travel has been boosted by rising incomes and the widespread availability of affordable airfares,” said Andrew Herdman, AAPA director general. “But,” he added, “growth rates may moderate as oil prices have now stabilised, adding to competitive pressures.”
For the first eight months of the year, Asia Pacific’s airlines carried a cumulative total of 196.3 million international passengers, up 6.5% year-on-year.