OVER THE LONG TERM, AIR CARGO is a reliable growth industry. Nearly all experts tracking the movement of airfreight globally, including both Boeing and Airbus, project average annual scheduled air cargo traffic growth of about 6% over the next 20 years, higher than the anticipated rate of growth for passenger traffic. But from year to year, and even within the same year, airfreight traffic can fluctuate wildly, subject to the changing winds of an unpredictable and often volatile global ...

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