IATA: Airlines would need another $80 billion in aid to survive

BER Airport Credit: Érico Andrei (Creative Commons Attribution ShareAlike 4.0)

According to IATA, airlines would need an additional $80 billion to survive the Covid-19 crisis. Governments already injected $160 billion into the sector.

IATA has predicted a painfully slow recovery with a return to pre-crisis traffic levels only in 2024 and passenger numbers still down 30% next year.

Sources: Content Sources

Source: Reuters

Image Source

Érico Andrei (Creative Commons Attribution ShareAlike 4.0)

Pentributor:

Érico Andrei

@ericof

Co-founder of Pendect, passionate about open source and knowledge sharing. Made in Mooca.

Card reviewed by: @christoph

Categorization:

Organizations & Institutions

International Air Transport Association

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