Air traffic growth in both the passenger and freight sectors slowed further in July, although there was considerable variation by region and market, according to IATA’s recent global traffic report. July passenger demand was 3.4% higher year-over-year, but lower than the 6.3% increase recorded in June and average growth of 6.5% for the first half. IATA attributed this slowdown to the recent decline in business confidence. July freight demand was 3.2% lower than the year-ago ...

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