22-Apr-2021 6:07 AM
Reduced Losses but Continued Pain in 2021
Direct News Source
The International Air Transport Association (IATA) expects net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%). This is an improvement on the estimated net industry loss of $126.4 billion in 2020 (net profit margin of -33.9%).
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This press release was sourced from IATA on 21-Apr-2021.