Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
Aircraft and transport. IATA: industry losses to top $84 billion in 2020
According to the financial outlook released by the Association -ATTACHMENT
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%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to $15.8 billion as revenues rise to $598 billion.2020 Main Forecast Drivers:Passenger...
© AVIONEWS - World Aeronautical Press Agency Srl