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IATA: increased risk to jobs as European airline revenues collapse

Some of the impacts at national level include UK, Spain, Germany, Italy and France

The International Air Transport Association (IATA) released further evidence of the risk to jobs from the mounting financial crisis threatening European airlines, and called for urgent government action to preserve air services.IATA’s analysis shows that the potential revenue loss by European carriers in 2020 has grown to $89 billion and passenger demand (measured in Revenue Passenger Kilometers) i...

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AVIONEWS - World Aeronautical Press Agency