IATA Expects Wider Industry Losses For 2021

Hong Kong Airport
Credit: Rob Finlayson
IATA expects the global airline industry to post higher losses in 2021 than it forecasted in December 2020—but the organization is optimistic about a strong comeback in 2022 and 2023. “The pace of the recovery is slower than most had anticipated,” IATA Director General Willie Walsh said. He urged...

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