World Air Freight Volume Down in August, but Up in North America
August air freight volume fell 0.8% compared to the previous year, according to International Air Transport Association figures. IATA said the minor recovery seen at the start of the year has faded quickly and the stability seen in freight markets…
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during 2012 could be under threat owing to continued economic weakness. There was growth in the Middle East (11.3%), Africa (10.2%) and North America (2.0%), but all other regions saw freight volumes decline, including a 5.5% drop for Asia-Pacific carriers, it said.