The Middle East air cargo industry continues to be the bright spot in an otherwise depressed worldwide cargo market, which as a whole dropped 1% for the 12-month period ending last September. The Middle East market, in contrast, has remained relatively robust, growing 8.2% during 2011 and 14.1% for the first 10 months of 2012, according to Brad Hart, Boeing’s regional director for cargo marketing. Its growth is projected to continue at 5.7% per year over the next 20 years, particularly as ...
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