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Air passenger numbers up but freight shrinks
International air passenger traffic rose 5.6 percent in September from a year ago, industry association IATA said Monday, describing the result as a “pleasant surprise.” However, the International Air Transport Association said it was bracing itself for poor months ahead amid falling business and consumer confidence and collapsing freight demand. “September’s strength in passenger demand…
Air passenger demand up 6.2% but freight slumps
International passenger air travel was up 6.2 percent in August from a year ago but freight demand accelerated its plunge with a 3.8 percent decline, industry association IATA said Monday. “The industry has shifted gears downward,” said Tony Tyler, director-general of the International Air Transport Association. “The pace of growth in passenger markets has dipped and thefreight…
China airlines to challenge EU carbon tax: report
BEIJING – Chinese airlines plan legal action against a European Union plan to impose a carbon tax from 2012, claiming it could cost them millions of dollars a year, state media said Thursday. China’s aviation sector will have to pay an additional 800 million yuan ($122 million) a year after…
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