Omicron puts brakes on Asia Pacific airlines recovery

Omicron puts brakes on Asia Pacific airlines recovery
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Preliminary data from the Association of Asia Pacific Airlines (AAPA) show that just 16.7 million international passengers were carried by its member airlines for the full calendar year 2021.

Subhas Menon AAPA: The Omicron variant has put the brakes on recovery
Subhas Menon AAPA: The Omicron variant has put the brakes on recovery Asia Pacific Airlines (AAPA)

The number represent just 4.4 per cent of international passengers carried in 2019, while offered seat capacity averaged 13.8 per cent of those in 2019. Passenger load factor was a dismal 32 per cent.

Describing the ongoing SARS-CoV-2 pandemic and it’s ongoing effects on air travel as “the worst crisis Asia Pacific airlines have ever faced in terms of duration and depth”, Subhas Menon, AAPA director general, said, “the emergence of the Omicron variant has put the brakes on recovery.”

This occurred, he said, just as “vaccination programmes got under way and some governments began to ease travel restrictions”.

While passenger numbers remain worse than dismal, air cargo saw steady growth, partly due to the region hosting numerous manufacturing hubs, abetted by sea container shortages and disrupted supply chains at sea ports globally.

Few people, but air cargo booms

For the full 2021 year Asia Pacific airlines’ freight tonne kilometres (FTK) grew by an impressive 20.1 per cent year-on-year (YoY) following a 15.4 per cent YoY decline for the 2020 year.

However, despite the increasing demand due to the dramatic reduction in belly-hold cargo capacity as a result of cancelled passenger flights, Asia Pacific airlines’ offered freight capacity grew at a lethargic 8.1 per cent. Despite this the international freight load factor grew by 7.4 percentage points to 74.3 per cent, a new annual average record.

In 2021 Asia Pacific Airlines carried just 4.4 per cent of the international passengers they carried in 2019
In 2021 Asia Pacific Airlines carried just 4.4 per cent of the international passengers they carried in 2019 (File) John Le Fevre

Describing the air cargo business segment as having been “a silver lining for the aviation industry”, Mr Menon said on an FTK basis international air cargo demand for the 2021 year recovered to just above pre-pandemic levels.

For meaningful recovery to take place, he said “border restrictions will need to be eased on a consistent basis, and the current multi-layered travel requirements streamlined and simplified for travellers.”

AAPA currently has 16 members, which prior to the global SARS-CoV-2 pandemic ordinarily collectively carried some 285 million passengers and some 10 million tonnes of cargo, or about one-fifth of global air passenger traffic and one-third of global air cargo traffic respectively.

AAPA members are: Air Astana, All Nippon Airways, Asiana Airlines, Bangkok Airways, Cathay Pacific Airways, China Airlines, EVA Airways, Garuda Indonesia, Japan Airlines, Korean Air, Malaysia Airlines, Philippine Airlines, Royal Brunei Airlines, Singapore Airlines, and Thai Airways International.

 

 

Feature photo John Le Fevre (File)

 

 

Related:

  • Asia Pacific Airlines Carried Just 16.7 Million Int. Passengers in 2021 (Travel News Asia)
  • Mayday, mayday, mayday: “It’s apocalypse now” for Asia-Pacific airlines — IATA Boss (Asean News Today)
  • Air cargo the ‘silver lining’ for Asian airlines (Air cargo News)
  • IATA: Passenger demand improving but Omicron variant still impacting overall aviation recovery (Asian Aviation)

 

 

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