Airline

IATA predicts 55% fall in airline revenues due to Covid 19

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IATA predicts 55% fall in airline revenues due to Covid 19

The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in 2020, a 55% decline compared to 2019. On 24 March IATA estimated $252 billion in lost revenues  - 44% lower than  2019 - in a ...

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