Asia-Pacific passenger traffic up 8%, cargo up 1.6% in 2015
International traffic on Asia-Pacific carriers grew 7.9% to 276.3m passengers in 2015, according to AAPA. Over 20m additional international passengers were carried by Asia-Pacific carriers in 2015, pushing the rate of growth in the sector to exceed 2014’s 4.9% year-over-year (YOY) growth by 3 points. Low oil prices pushed the region’s airlines to competitively lower their airfares, boosting passenger traffic in the region, AAPA said. “Long-haul travel markets prospered on the back of an improvement in economic conditions in selected advanced economies,” AAPA DG Andrew Herdman said, adding that regional travel demand also grew solidly in 2015, despite sluggishness in the Asia-Pacific economy and regional currency weaknesses. In 2105, international traffic at Asia-Pacific airlines rose 8.2% YOY to 1t RPKs total. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-01-28/general/asia-pacific-passenger-traffic-up-8-cargo-up-1-6-in-2015
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Asia-Pacific passenger traffic up 8%, cargo up 1.6% in 2015
International traffic on Asia-Pacific carriers grew 7.9% to 276.3m passengers in 2015, according to AAPA. Over 20m additional international passengers were carried by Asia-Pacific carriers in 2015, pushing the rate of growth in the sector to exceed 2014’s 4.9% year-over-year (YOY) growth by 3 points. Low oil prices pushed the region’s airlines to competitively lower their airfares, boosting passenger traffic in the region, AAPA said. “Long-haul travel markets prospered on the back of an improvement in economic conditions in selected advanced economies,” AAPA DG Andrew Herdman said, adding that regional travel demand also grew solidly in 2015, despite sluggishness in the Asia-Pacific economy and regional currency weaknesses. In 2105, international traffic at Asia-Pacific airlines rose 8.2% YOY to 1t RPKs total. <br/>
