Key Points
As Asia's aviation sector witnesses remarkable financial performances, airlines need to reconsider their luggage policies as a key strategy to secure returnee customers..
However, this cargo demand is now falling, and airlines are using the empty cargo space as an opportunity to increase passenger luggage allowancesAgencies..
A slew of blowout earnings across Asias aviation sector, including records at Singapore Airlines Ltd. and Cathay Pacific Airways Ltd., herald a triumphant return after three brutal years of Covid-19..
Load factor, the proportion of available seats that were occupied, fell to 28%, according to data compiled by the Association of Asia Pacific Airlines, whose members include Singapore Airlines, Cathay Pacific, Japan Airlines Co. and Taiwans China Airlines Ltd...
While many aircraft have been dusted off and put back into use, passenger capacity in Asia still remains around 30% below the levels seen in January 2020, constraining airlines revenue potential..
