IATA Warns Airlines Will Not Turn Cash Positive Until 2022
Credit: Reagan International Airport / Twitter
The world’s airlines stand to burn through $77 billion in the second half of 2020 and are not expected to become cash positive until 2022, IATA said Oct. 6 in a grim update on the financial outlook for the industry. The 2020 second quarter was likely the worst for cash burn, with airlines...
Subscription Required
IATA Warns Airlines Will Not Turn Cash Positive Until 2022 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
