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Air Freight Drops Again in September, but is Up Over a Year Ago, IATA Says

The minor 0.6% year-on-year growth in worldwide air cargo in September is less significant than the 0.6% fall in air freight volume between August and September, said the International Air Transport Association in its monthly report on air traffic. International…

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air freight was up 0.5% for the month, and domestic was up 1.3%, it said. Despite the year-over-year growth, September was the second notable month-on-month fall in air freight growth in a row, it said, and that eroded the stability in volumes achieved earlier in 2012. Capacity was trimmed 0.6% compared to year-ago levels, it said, increasing the freight load factor slightly to 45.6% from 45.1% a year ago.