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Air Cargo, Passenger Traffic Down Sharply

Airwise News, October 2008:
International air cargo and passenger traffic fell sharply in September, in a sign airlines and exporters are both in "dramatically difficult" straits, the International Air Transport Association (IATA) said. IATA also repeated its forecast that airlines would lose USD$5.2 billion in 2008, warning that falling demand and financing problems had eclipsed the benefits of lower oil prices....more»external link, opens in new window
Last updated on 28 February 09