IATA reported yesterday that declines in passenger and cargo traffic slowed in July, but warned that airlines still are struggling financially owing to severe falls in revenue and yields. International passenger demand dipped 2.9% year-over-year, a "relative improvement" over June's 7.2% decrease and the 6.8% lowering through the year's first seven months. International cargo's 11.3% decline was improved over June's 16.5% dip and the average monthly drop of 19.3% in January-July. "Demand ...

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