On November 28, 2017, Association of Asia Pacific Airlines (AAPA) presented its airlines' traffic results for October 2017.

Asia Pacific airlines increased its passenger traffic by 8.3% in October 2017, while revenue passenger kilometers (RPK) grew by 9.7%. Capacity measured in available seat kilometers (ASK) rose by 8.1% and the average international passenger load factor went up by 1.1 percentage points to 78.0% for October.

Asia Pacific airlines report actual freight traffic, measured in freight tonne kilometers (FTK), increase by 5.8% in October. Offered freight capacity went up by 4.1%, resulting in a 1.1 percentage point increase in the average international freight load factor to 66.9%.

Commenting on the results, AAPA Director General Andrew Herdman said in an official statement that during the first ten months of the year, Asia Pacific airlines carried a total of 262 million international passengers, representing a 5.7% increase compared to the same period in 2016.According to him,  International air cargo traffic demand grew by a robust 10.1% during the same period.”

“The overall demand outlook remains positive, although Asian airlines are operating in highly competitive markets and face rising cost pressures, with average jet fuel prices up 24% to $64 per barrel for the first ten months of the year, ” Andrew Herdman added. “Nevertheless, Asian airlines remain focused on implementing further improvements in operational efficiency and other cost-saving measures, whilst identifying new opportunities for revenue generation.”