APAC air prof­its up

Travel Daily - - News -

ASIA Pa­cific air­lines in­creased their prof­itabil­ity last year to a com­bined value of US$8.8 bil­lion, driven by ro­bust growth in pas­sen­ger traf­fic in the re­gion.

Fig­ures re­leased by the As­so­ci­a­tion of Asia Pa­cific Air­lines show net prof­its were up by al­most a third from 2016 when the to­tal was US$6.7 bil­lion.

To­tal op­er­at­ing rev­enues were up 6.7% to US$176.6 bil­lion, with rev­enue pas­sen­ger kilo­me­tres (RPK) up 8.6% and cargo rev­enues up 14.6%.

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