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Demand for cargo carriers up 3.6% globally

Improving business confidence has put air freight demand on an upward trend

[SINGAPORE] The global cargo market showed some signs of life in August, with demand growing 3.6 per cent year-on-year, after a largely flat performance this year. At 5.3 per cent, however, capacity growth outpaced that of demand (in freight tonne kilometres), resulting in a freight load factor