IATA: Airlines face $47.7 bln. loss in 2021, worse than earlier forecast

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# 10:41
22 April 2021
Airlines are forecast to lose $47.7 billion this year, worse than previously forecast, a global industry group said Wednesday, as the sector struggles to recover from the coronavirus pandemic, APA reports citing Townsville Bulletin.

On a brighter note, the International Air Transport Association slightly raised its forecast for global air passenger traffic, saying it would reach 43 percent of pre-pandemic levels.

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