Global air cargo traffic increased 8.2% year-over year (YOY) in October, the best growth pace since February 2015, according to IATA’s October Air Freight Market Analysis. European airlines reported the largest increase in freight traffic during the month, up 13.4% YOY. Airlines in all regions except Latin America showed traffic growth in October. IATA senior economist David Oxley said the growth may be partly explained by one-off factors, such as the August collapse of the South ...

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