City
Epaper

International air travel remains grounded, cargo demand faltering: AAPA

By ANI | Updated: July 28, 2020 11:35 IST

Widespread travel restrictions almost completely suppressed international air travel in Asia during the second quarter of 2020, preliminary June traffic figures released on Tuesday by the Association of Asia Pacific Airlines (AAPA) showed.

Open in App

Widespread travel restrictions almost completely suppressed international air travel in Asia during the second quarter of 2020, preliminary June traffic figures released on Tuesday by the Association of Asia Pacific Airlines (AAPA) showed.

Asian airlines carried just 724,000 international passengers in June, a 98 per cent decline compared to the 31.8 million recorded in the same month last year. After accounting for 93 per cent decline in available seat capacity, the average passenger load factor was 36.3 per cent for the month.

Air cargo demand in freight tonne-kilometre terms was 20.3 per cent lower year-on-year as demand for exports continued to falter on the back of economic weakness aggravated by disruptions to global supply chains.

Offered freight capacity fell by 27.2 per cent as most passenger aircraft were grounded, resulting in a 5.6 percentage point increase in the average international freight load factor to 64.9 per cent for the month.

"Overall, Asia Pacific airlines carried a total of 61 million international passengers during the first half of 2020, representing a 68 per cent fall compared to the same period last year," said AAPA Director General Subhas Menon.

"International travel demand evaporated in the second quarter. Most flights were only operating to repatriate people to their home countries. Meanwhile, air cargo demand declined by 16 per cent during the first half of the year, reflecting the general deterioration in consumer and business confidence."

Menon said the industry is in a perilous condition. International flights continue to be grounded by border closures and onerous quarantine requirements even when domestic lockdowns are being eased.

"Airlines in the Asia Pacific region are rapidly depleting cash reserves and incurring massive losses," said Menon.

"It is critical for governments to recognise the debilitating impact of current policies and work cooperatively to re-establish global connectivity while maintaining appropriate measures to safeguard public health in line with guidance published by the International Civil Aviation Orgsation."

( With inputs from ANI )

Tags: Shah Abdul Majid QureshiAapaAssociation of asia pacific airlines
Open in App

Related Stories

LifestyleAquaKraft Introduces AAPA – A Green, Sustainable and Water-Positive Drinking Water Solution for Homes and Domestic Use

BusinessAAPA airlines commit to net zero carbon emissions reduction by 2050

BusinessTighter border restrictions suppress air travel demand in Asia Pacific: AAPA

BusinessInternational travel stagnant, cargo demand solid: AAPA

BusinessASEAN, EU air transport pact generates optimism and confidence: AAPA

Business Realted Stories

BusinessIndia, Singapore hold talks on deepening trade and investment ties

BusinessBusiness owners welcome PM Modi’s announcement on next-generation GST reforms

BusinessFood items, products of daily use by common people to attract 5% GST rate under new reforms: Government sources

BusinessSignature Global Par's residents protest against the builder’s unfulfilled promises

BusinessASEAN nations contribute 11 pc in India's global trade: Ministry