According to the International Air Transport Association, airlines in 2021 will suffer a loss of 38.7 billion dollars.
It is noted that the situation is expected to improve from October 2021. At the same time expect an increase in demand for airline services.
The total passenger traffic next year is expected to increase by 1 billion people, but will remain less than in 2019. The International Air Transport Association believes that airlines will be able to return to last year’s figures no earlier than 2024.
Losses have already been calculated
On November 24, 2020, the International Air Transport Association (IATA) published a forecast that in 2020 the airline turnover will fall by more than 60% compared to 2019, which is the worst year in the history of the industry affected by the coronavirus crisis.
In October 2020, IATA calculated the colossal losses of the aviation industry due to the closure of borders and proposed a solution to the problem.
