IATA Believes Global Aviation Will Lose $50 Billion This Year

Even though figures are set to be better than last year’s final results, significant losses are still expected across the aviation industry. The International Air Transport Association (IATA) shared this week that it expects a net loss of $47.7 billion across the airline industry this year.

This is a companion discussion topic for the original entry at https://simpleflying.com/global-aviation-50-billion-loss/

Really? Must be because of Europe because travel is picking up in most other areas.

Wouldn’t be surprised if they have lost that much money.