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              The 
			  Association of Asia Pacific Airlines’ (AAPA) traffic figures for 
			  August 2021 show that 
			  international air cargo markets remained resilient during the 
			  month, propelled by 
			  ongoing expansion in e-commerce and demand for intermediate goods. 
			  On the other hand, severe weakness in international air travel 
			  persisted, as governments maintained strict border control 
			  measures amid the escalation in COVID19 cases across the region. 
			  For the month of August, the 1.4 million 
			  international passengers carried by the region’s airlines was just 
			  4.0% of the 34 million registered in August 2019, underscoring the 
			  continued absence of a revival in demand, in stark contrast to the 
			  summer months prior to the onset of this global health crisis. 
			  
			   
			  With available seat capacity averaging 13.7% of pre-pandemic 
			  levels, the international passenger load factor remained under 
			  pressure, averaging just 34.7% in August. 
			  Mr. Subhas Menon, AAPA Director General said, 
			  “Whilst the spread of the highly contagious Delta variant 
			  indicates there is no immediate end in sight to the global 
			  pandemic, the acceleration in domestic vaccination roll-outs in a 
			  number of Asian economies is a positive step towards the 
			  resumption of air travel, as seen in the progressive relaxation of 
			  border controls in some countries. Indeed, some governments in the 
			  region have begun to pave the way with the recent reopening of 
			  selected destinations to domestic and international arrivals. 
			  “Nevertheless, vaccination inequity remains a 
			  major stumbling block to the reopening of borders in the region, 
			  especially in places that have little to no access to vaccines. 
			  With travel and tourism as key contributors to many of the 
			  region’s economies, the lack of progress on this front will 
			  continue to impact the many livelihoods that depend on these 
			  sectors.” 
			  Air Cargo 
			  Supply congestion in major exporting ports such as 
			  in China increased demand for the transportation of merchandise by 
			  air, contributing to the 26.0% year-on-year growth in 
			  international air cargo demand as measured in freight tonne 
			  kilometres (FTK) in August. 
			  Despite the supportive demand 
			  conditions, limited bellyhold space resulting from the low number 
			  of passenger flights continued to constrain freight capacity, which saw a 
			  comparatively slower 17.8% year-on-year increase. 
			  As a result, the 
			  average international freight load factor of 76.0% for the month 
			  was close to the historical high achieved in July. 
			  
			   
			        
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