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2020’s Air Cargo Demand Worst in 30 Years

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The International Air Transport Association (IATA) released data for global air freight markets on Wednesday showing demand for air cargo plunged 10.6 percent in 2020, compared to 2019. This was the largest drop in year-on-year demand since IATA started to monitor cargo performance in 1990, outpacing the 6 percent falloff in global trade in goods….

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