Asian airlines ferried only 724,000 international passengers in June

Passenger traffic in first six months totals 61m, down a whopping 68%

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Asian airlines are burning through their cash reserves and chalking up losses. They are not the only carriers suffering.
Asian airlines are burning through their cash reserves and chalking up losses. They are not the only carriers suffering.
Gulf News Archive

Hong Kong: Asian airlines carried only 724,000 international passengers in June, a 98 per cent slump from a year earlier, as restrictions on movement suppressed air travel, the Association of Asia Pacific Airlines said.

Average passenger load factor was just 36.3 per cent, AAPA said in a statement. The group's director-general, Subhas Menon, said the prospect of a recovery in the second-half of the year is increasingly uncertain as governments grapple with a resurgence of infections and reimpose lockdowns.

"The industry is in a perilous condition," he said. "Airlines in the Asia-Pacific region are rapidly depleting cash reserves and incurring massive losses."

Asia-Pacific airlines carried 61 million passengers in the first-half of the year, down 68 per cent from a year earlier as travel demand evaporated in the second quarter.

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