Tag: Airlines

  • Global Airline Industry Records $201Bn In COVID-Related Losses

    Global Airline Industry Records $201Bn In COVID-Related Losses

    The International Air Transport Association has set the combined losses for the industry at over $200 billion as travel curbs weigh on corporate and long-haul demand well into 2022. According to the industry’s main body, airline carriers are set to post a collective deficit of $11.6 billion for next year, due to the very slow…