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Asia-Pacific carriers show decline in April load factor: IATA

Asia-Pacific carriers show decline in April load factor: IATA


International Air Transport Association (IATA) has reported that Asia-Pacific airlines saw demand for air freight contract by 7.4 percent in April 2019, compared to the same period in 2018. It warned that the latest round of US tariffs would likely have a negative impact sentiment and activity in the region.

Slowdown in global trade, including the China-US trade tensions on the broader region, continued to weigh on passenger demand as Asia-Pacific carriers’ traffic rise in April was well below the the long-term average at 2.9 percent, up from 2 percent growth in March.
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