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Why Global Air Freight Demand Continued to Descend in August

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As trade tensions percolated and economic growth stalled, global air freight demand dropped 3.9 percent in August compared to a year earlier, marking the 10th straight month of year-on-year declines, the International Air Transport Association (IATA) said in its monthly report. IATA noted that this is the longest stretch of monthly volume declines in air…

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