The Association of Asia Pacific Airlines (AAPA) says Asia Pacific's airlines are believed to have recorded US$2.5 billion in combined net earnings in 2013, a 55 per cent fall compared to the US$5.6 billion reported for 2012.
The figure was due to lower yields and poor air cargo demand.
Operating revenue totalled US$171.2 billion, 2.1 per cent down on the US$174.9 billion achieved in 2012.
Passenger revenue fell by 2.2 per cent to US$131.4 billion. Cargo revenue declined by 4.6 per cent to US$20.2 billion.
The Association of Asia Pacific Airlines (AAPA) says Asia Pacific's airlines are believed to have recorded US$2.5 billion in combined net earnings in 2013, a 55 per cent fall compared to the US$5.6 billion reported for 2012.
The figure was due to lower yields and poor air cargo demand.
Operating revenue totalled US$171.2 billion, 2.1 per cent down on the US$174.9 billion achieved in 2012.
Passenger revenue fell by 2.2 per cent to US$131.4 billion. Cargo revenue declined by 4.6 per cent to US$20.2 billion.
