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Air Cargo Recovery Lifted in October, But Capacity Crunch Remained

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Air cargo demand continued to improve in October, but remained depressed from previous-year levels, the International Air Transport Association (IATA) reported Monday. Global demand was 6.2 percent below previous-year levels in October, better than the 7.8 percent year-on-year decline recorded in September. Global capacity fell 22.6 percent in October compared to the prior year and…

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