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Tuesday, June 9, 2020

IATA: Airline industry losses will top $84 billion in 2020

IATA: Airline industry losses will top $84 billion in 2020 The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to […] - eTurboNews | Trends | Travel News
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