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Airlines can expect to bleed up to $157 billion in losses until people fly normally again, making 2020 the worst year in aviation history, industry body IATA says

Airlines will rack up losses up to $US157 billion until borders reopen safely and a vaccine rolls out, the International Air Transport Association predicted. The loss will be five times the deficit racked up during the 2008 financial recession. The slump in revenue during the pandemic shows airlines will lose […]
Airlines can expect to bleed up to $157 billion in losses until people fly normally again, making 2020 the worst year in aviation history, industry body IATA says