November 06, 2024 02:48 (IST)
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Aviation industry losses to top $84 billion in 2020: IATA

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%.