IATA: Global Airlines Lost $126B In 2020

Berlin
Credit: Sean Gallup/Getty Images
Airlines around the world lost more than $126 billion in 2020 as the COVID-19 pandemic cratered demand for air travel, the latest IATA World Air Transportation Statistics report shows. Airlines flew roughly 1.8 billion passengers on scheduled services in 2020, marking a decrease of 60.2% year-over...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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