Monday, July 27, 2009

Gradual Upturn For Asian Air Cargo

Recovery on Horizon
Shipping News Feature

ASIA - Figures released on Friday by the Association of Asian Pacific Airlines (AAPA) show that air cargo traffic carried by this sector are showing signs of recovery, though numbers are still down over 22 percent from last year.

According to Andrew Herdman, Director General of AAPA, “there has been a slow but steady recovery in air cargo demand from the lows seen at the end of 2008.

“We are hopeful that this trend will continue in the second half of the year,” he added.

The AAPA is the trade association for the major scheduled airlines based in the Asia-Pacific region. Its 17 members carry ten million tonnes of cargo annually, roughly one-third of the global airfreight industry.