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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…