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Aircraft and transport (2). IATA: traffic forecast downgrade after dismal Summer

It now expects full-year 2020 traffic to be down 66% compared to 2019

The International Air Transport Association (IATA) downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery, as evidenced by a dismal end to the summer travel season in the Northern Hemisphere. IATA now expects full-year 2020 traffic to be down 66% compared to 2019. The previous estimate was for a 63% decline. August passenger demand continued to be hugely depressed against...

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AVIONEWS - World Aeronautical Press Agency
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