ADVERTISEMENT
Global Airline Industry Losses May Top $200 Billion During 2020-2022: IATA
04 Oct 2021, 11:51 PM IST 
IATA said net industry losses may be reduced to $11.6 billion in 2022.
New Delhi: The International Air Transport Association (IATA) on Monday announced that the global airline industry losses may reach $201 billion during 2020-2022. "The magnitude of the Covid-19 crisis for airlines is enormous. Over the 2020-2022 period total losses could top $200 billion," Willie Walsh, IATA's Director General said at the airline trade association's 77th Annual General Meeting.
