The airline industry is in a catastrophic situation and needs more help from governments to stay viable through the pandemic says IATA.
That is the stark message from Alexandre de Juniac, the International Air Transport Association’s director general and chief executive as he delivers the industry’s report card for 2020 declaring it the worst year ever.
Mr de Juniac said that with an overall decline in traffic of 65.9 percent for 2020 and forward bookings into 2021 tanking the situation is dire.
“Last year was a catastrophe, there is no other way to describe it.
“What recovery there was over the Northern hemisphere summer read more ⇒