IATA Issues More Pessimistic Traffic Forecast

seats
Credit: Nigel Howarth / Aviation Week
FRANKFURT—IATA has revised downwards its 2020 economic forecast for the global airline industry. IATA now believes full-year demand in revenue passenger kilometers (RPKs) will be down 48% creating a $314 billion revenue shortfall. The guidance compares to earlier estimates of minus 38% and a $251...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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