Join our growing community to challenge mainstream media bias and fix the news
Airline industry headed for $84 billion in losses this year

Airline industry headed for $84 billion in losses this year

The International Air Transport Association (IATA) predict airlines are set to lose $84 billion as the coronavirus pandemic reduces revenues by half to mark the worst year in the sector’s history. With most of the world’s airliners parked and amid widespread job losses, IATA said revenue would likely fall to $419 billion from $838 billion last year.

Timothy
Timothy
Top in Business