IATA Doesn’t Expect The Airline Industry To Break Even This Year

In contrast to its forecast issued in December, the International Air Transport Association (IATA) now believes airlines will not turn cash positive before the end of the year. With new COVID variants emerging and borders closing once again, IATA predicts a worse-than-expected cash burn, as much as double its estimate at the end of last year.

This is a companion discussion topic for the original entry at https://simpleflying.com/iata-airline-industry-break-even/