Asia Pacific Airlines: passenger demand robust; weakness in cargo markets

Preliminary September 2022 traffic figures released by the Association of Asia Pacific Airlines (AAPA) showed international passenger demand sustained its strong upward momentum despite a worsening global economic outlook. In September, the number of international passengers carried by the region’s airlines surged to 11.7 million.On the other hand, international air cargo markets remained under pressure, as export activity was hampered by depressed business and consumer confidence levels amid a deterioration ... [+]

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