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Tag: $118.5 Billion

IATA Predicts $118.5bn Loss For Airlines In 2020/2021

IATA Predicts $118.5bn Loss For Airlines In 2020/2021         The International Air Transport Association has predicted heavier losses for the aviation industry in 2020 and 2021. According to a report titled ‘Deep losses continue into 2021’, IATA predicted a net loss of $118.5bn for 2020 (higher than...