November 23, 2024 06:49 (IST)
Air travel down 60 per cent, as airline industry losses top $370 billion: ICAO
New York: A new report from the UN’s air transportation agency confirms there was a “dramatic” fall in international air travel due to COVID-19, of around 60 per cent over the course of last year, to levels last seen in 2003.
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%.
Latest Headlines
Aviation industry losses to top $84 billion in 2020: IATA Wed, Jun 10 2020