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Global economic growth is driving up the volume at airports, and passenger traffic has recovered from the threat of terrorism that led to drop in passenger traffic after the 9/11 attacks.
The leading segment in the market is the revenues generated from passenger air travel via airports, which accounted for $25.9 billion, or 86.3% of the total value. The remaining market value is due to processing of freight. “One reason for the dominance of the passenger sector is that marine transport is a viable alternative for some forms of international cargo traffic, whereas it is generally too slow to be competitive with passenger air travel...
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