24-Jun-2011 3:22 PM
Asian air cargo demand wilts reflecting “some moderation” in economic growth - AAPA
Analysis
Asia Pacific's flag carriers, which combined carry roughly one-third of global air cargo traffic, reported the sharpest decline in international cargo volumes since the global financial crisis in May-2011. Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) showed international air cargo demand (freight tonne kilometres) fell 9.8% year-on-year.
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