IATA

IATA is projecting airline industry will burn through $77b in cash during 2H20 (almost $13b/month or $300,000/minute), despite restart of operations; slow recovery in air travel will result in average monthly cash burn of $5b-$6b/month in 2021.

Subscription Required

 

IATA is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.