Cargolux President and CEO Ulrich Ogiermann, current chairman of The International Air Cargo Assn., predicted that "volatility" in air cargo demand will continue in 2010 but that the airfreight industry will emerge from the economic downturn in a "stronger position." Air cargo suffered an unprecedented drop in demand beginning in the 2008 third quarter and extending through 2009 (ATW, January 2010). That decline appears to be leveling off, with international air cargo traffic rising 24.4% ...

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