Geneva [Switzerland], April 22 (ANI): The International Air Transport Association (IATA) expects net airline industry losses of 47.7 billion dollars in 2021 with a net profit margin of minus 10.4 per cent.
Geneva [Switzerland], October 7 (ANI): The International Air Transport Association (IATA) has warned that the global airline industry will burn through 77 billion dollars in cash during the second half of 2020 (almost 13 billion dollars a month or 300,000 dollars per minute) despite the resu
Singapore, July 20 (ANI): The global airline industry has been disproportionately affected by COVID-19 and is one of just a few industries that saw more than 90 per cent of demand fall within weeks of the global spread of the pandemic in March, Moody's Investors Service said on Monday.
Geneva [Switzerland], Dec 11 (ANI): The International Air Transport Association (IATA) on Wednesday forecast that the global airline industry will produce a net profit of 29.3 billion dollars in 2020, improved over a net profit of 25.9 billion dollars expected in 2019.