Home » Posts tagged with "airline crisis"

Posts tagged with "airline crisis"

COVID-19 crisis is aviation’s ‘darkest hour’—IATA  

COVID-19 crisis is aviation’s ‘darkest hour’—IATA  

Apr. 6 | Global passenger demand in February 2020 fell 14.1% compared to February 2019, with Asia-Pacific carriers seeing demand plummet 41% as the aviation industry faces its biggest crisis ever, according to traffic data from the International Air Transport...

IATA warns of ‘shrinking window’ to provide lifeline as airlines face $252B loss

IATA warns of ‘shrinking window’ to provide lifeline as airlines face $252B loss

Mar. 25 | It’s “apocalypse now” for airlines as they stand to lose US$252 billion in annual revenue unless governments scale up financial relief and other support measures for the industry, the International Air Transport Association (IATA) has warned. “Airlines...