Positive performance from Asia Pacific Airlines

According to traffic figures from the Association of Asia Pacific Airlines (AAPA), Asia Pacific airlines carried a combined total of 14.7 million international passengers in February this year, an increase of 3.5% as compared to the same month in 2010.

Taking together the first two months of 2011, Asia Pacific airlines saw a 5.8% growth in international passenger numbers year-on-year.

However, according to AAPA, the outlook for the aviation sector has already been clouded by the sharp rise in oil prices despite the positive performance so far.

In addition, events in Japan have also had a major impact on regional travel and tourism flows as Japan accounts for around a fifth of traffic within the Asia Pacific region.