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in Short

Airlines 118 billion losses during 2020 for airline companies

Airlines are expected to make 118 billion dollars losses in 2020, according to the International Air Transport Association (IATA). Deep industry losses will continue into 2021, even though performance is expected to improve over the period of the forecast. On average airlines, lose 66 dollars for every passenger carried this...
in Short

IATA Getting back to 2019 traffic will take three years

According to the International Air Transport Association (IATA), it will take three years before air traffic volume returns to the figures of 2019. By the end of 2020, the continent will record 45 million passengers, against 155 million last year. IATA announced that in 2021 the demand would rise to...
in Short

Aviation Sector job losses in Africa could reach 3.1 million

African aviation job losses could reach 3.1 million due to adverse effects of Covid-19, believes International Air Transport Association (IATA), which called for capital relief for airlines in the region, which are expected to experience a loss of $ 6 billion in passenger revenues from the $ 2 billion previously...
The month of record

IATA A roadmap to save Africa’s aviation sector

In order to limit the billions of dollars in losses to the industry, IATA has published a roadmap based on six key pillars to prepare recovery plans.   According to the International Air Transport Association (IATA), the region's airlines could lose $6 billion in passenger revenues compared to 2019. That's...