IATA now projects cumulative net airlines industry losses of $201b in 2020-2022, including $137.7b in 2020 (revised from $126.4b), $51.8b in 2021 (revised from $47.7b), and $11.6b in 2022; demand is to be 40% of 2019 levels in 2021/61% in 2022.
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