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Aircraft and transport. Iata: reduced losses but continued pain in 2021
The immediate priorities
The International Air Transport Association (IATA) expects net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%). This is an improvement on the estimated net industry loss of $126.4 billion in 2020 (net profit margin of -33.9%).Immediate prioritiesThe outlook points to the start of industry recovery in the latter part of 2021. In the face of the ongoing crisis, IATA calls...
AVIONEWS - World Aeronautical Press Agency