The Association of Asia Pacific Airlines has reported that air cargo demand, measured in freight tonne kilometres, dropped by 2.4% in November 2015 as a consequence of the slowing of manufacturing in China, which suppressed international trade.
Additionally, the average international load factor for Asian carriers fell by 2.9 % to 65.7% for the month.
Andrew Herdman, AAPA’s Director General, commented: “Growth in air cargo demand narrowed to a 1.8% increase for the first 11 months of the year, dampened by the general slowdown in global trade.
“The air cargo business is suffering from the effects of market weakness in major trading economies, signs of inventory overhang and excess capacity.”
