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%.
Source: traveldaily