Business News
Asia Pacific airline passenger numbers rose by 3.5 per cent in 2011
Jan 26, 2012, 13:29 GMT
Kuala Lumpur - The number of airline passengers in the Asia Pacific region rose by 3.5 per cent in 2011, thanks to the region's sustained economic growth, a regional aviation group said Thursday.
The Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA) said it had recorded 189,541 passengers in 2011, compared with 183,541 passengers in the previous year.
However, air cargo demand fell by 4.8 per cent in 2011, reflecting 'weakening world trade conditions,' AAPA said.
'Uncertainty over prospects for the global economy in 2012 has somewhat overshadowed the immediate outlook, and airlines worldwide are bracing themselves for another challenging year ahead,' Andrew Herdman, AAPA director general, said.
'Overall, however, Asian airlines still remain optimistic about longer term growth prospects, as evidenced by ambitious fleet plans, ongoing service enhancements, and the launch of innovative new business ventures,' he added.
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