Malaysia Airlines passenger traffic still down, cargo traffic continues to climb

Malaysia Airlines passenger traffic still down, cargo traffic continues to climb

Preliminary January air passenger traffic data released by the Association of Asia Pacific Airlines ( AAPA) on Monday showed airline operations remained sluggish due to tighter border restrictions in international and domestic markets caused by the spread of Covid - 19 .


At the same time, as world trade begins to regain momentum, air cargo demand continues to rise . Data shows that airlines in the Asia-Pacific region carried a total of 1.3 million international passengers in January , only 3.9 % of the same period last year , and the seat capacity provided was only 12.1% of the number in January 2020. The international passenger rate for the month averaged 27%, a sharp drop of 54 percentage points from 81% in the same period last year , and passenger traffic was not greatly affected at the time.


Growth in the e-commerce sector is supporting the air cargo market as the global manufacturing sector further recovers.


Air freight demand measured in freight tonne-kilometres (FTKs) grew slightly by 0.3% in January 2021, the first year-on-year increase in many months , partly due to increased air freight demand ahead of the Lunar New Year celebrations.


On the eve of the Lunar New Year, a large number of sellers and consumers began to purchase large quantities of New Year goods through e-commerce platforms. The demand for various products surged, and a large number of goods were waiting to be delivered.


It is reported that cargo volume has fallen by 25% year-on-year due to capacity tightening . Subhas Menon, Director General of AAPA , said: "Lockdowns and border restrictions have greatly affected passenger demand . The uneven vaccination work around the world will delay the full opening of borders . In this extremely challenging operating environment, airlines are struggling to survive. "


Subhas Menon said that while some airlines have received financial support, most will need further support to stay in business as international borders remain largely closed .


In addition, the Asia-Pacific aviation industry is committed to transporting time-sensitive cargo such as vaccines , which has played a huge role during Covid -19 .


Airlines in the region carried a total of 1.623 billion passengers and 23 million tonnes of cargo, accounting for more than one-third of global passenger and air cargo traffic.


Malaysia

Southeast Asia

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