Asia-Pacific passenger demand softens as air cargo growth accelerates into China’s holiday period
Asia-Pacific airlines carried 33.5 million international passengers in August, down 0.6% year on year as higher fares, jet-fuel costs and Middle East airspace restrictions weighed on demand. Cargo performance was stronger, with regional demand up 1.1% in August and global air-cargo volumes 8% higher year on year in mid-September.