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Passenger Demand Grew as Air Cargo Declined in 2012

The International Air Transport Association (IATA) announced full-year traffic data for 2012 showing a 5.3% year-on-year increase in passenger demand and a 1.5% fall for cargo. The 5.3% increase in passenger demand was slightly down on 2011 growth of 5.9% but above the 5% twenty-year average. Load factors for the year were near record levels […]