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Cargo weakness continues as a drag on Asia-Pacific carriers

European airlines' shares fall the most in July; solid growth seen in air travel volumes globally

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European airline share prices took a hit in July, while their Asia-Pacific counterparts were weighed down by the weak cargo sector in the second quarter of the year - PHOTO: CATHAY PACIFIC AIRWAYS

[SINGAPORE] European airline share prices took a hit in July, while their Asia-Pacific counterparts were weighed down by the weak cargo sector in the second quarter of the year. According to the latest report from the Airlines Financial Monitor by the International Air Transport Association (

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