IATA: Passenger traffic plunges 10.1% in February; cargo down 22.1%

Airlines experienced their toughest month of the financial crisis yet in February, according to IATA, with passenger traffic dropping 10.1% year-over-year (a sharp fall from the 5.6% decline in January) and cargo demand down 22.1%, the third consecutive month that freight traffic plunged at least 22...

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