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Airplanes and cargo. IATA: trade war impacting air freight demand
Ninth consecutive month of year-on-year decline in volumes
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.2% in July 2019, compared to the same period in 2018. This marks the ninth consecutive month of year-on-year decline in freight volumes.Air cargo continues to suffer from weak global trade and the intensifying trade dispute...
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