November 23, 2024 06:40 (IST)
Aviation industry losses to top $84 billion in 2020: IATA
Geneva: 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%.
Improved economic conditions boost air-traveller numbers worldwide – UN agency
New York, Jan 19 (JEN):A record 4.1 billion passengers took to the skies in 2017 onboard some 37 million scheduled flights globally, the United Nations civil aviation agency reported Thursday, highlighting that the fastest growth was seen among low-cost carriers.
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Aviation industry losses to top $84 billion in 2020: IATA Wed, Jun 10 2020