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Airfreight Navigates Choppy Waters
GLOBAL AIR CARGO TRAFFIC growth rates have been disappointingly below average for the past three years, holding at 4%-5% for each of the last two years following growth of just 2% in 2005. That falls short of the 6.1% annual average growth over the long term projected by Boeing, Airbus and other observers, and well below the overall global cargo growth rate of 10% for all forms of transport.