Financial Hit To Airlines Now Expected To Be Far Worse Than Previously Estimated
The IATA now estimates a loss of more than $157 billion over the course of 2020 and 2021.
Veuer’s Tony Spitz has the details.
Airlines' financial loss may look worse than expectedFinancial loss for airlines may be worse than previously thought. The International Air Transport Association is now projecting a $157-billion loss by the end of next year.