admin April 22, 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.

Source: Azeri-Press News Agency