IATA president “We are looking at a devastating net loss of USD39 billion”

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The International Air Transport Association (IATA) has released new data which shows airlines may burn through USD 61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of USD39 billion. The analysis is based on the impact assessment IATA released last week, under a scenario […]

The post IATA president “We are looking at a devastating net loss of USD39 billion” appeared first on Travel Daily.

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