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Airlines globally to lose $118.5 billion during 2020 due to pandemic: IATA

city New Delhi 2020 pandemic Government travelers
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New Delhi: Airlines globally will lose over $118.5 billion, the biggest in aviation history, during calendar year 2020 due to the covid-19 pandemic and a muted travel appetite, while losses next year are expected to be at $38.7 billion, industry body International Air Transport Association (IATA) said on Tuesday.IATA, however, expects airline performance to improve during the second half of 2021, though the industry body expects passenger traffic to rebound to 2019-levels only by calendar year 2024."Aggressive cost-cutting is expected to combine with increased demand during 2021 (due to the reopening of borders with testing and/or the widespread availability of a vaccine) to see the industry turn cash-positive in the fourth quarter of 2021.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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Czech Republic

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