IATA

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European Airlines get another extension of their slots for the Northern Winter 2020 Schedule, says IATA

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IATA and the various airline organisations representing the interests of European airlines may have found a potential way to stop the upheaval of their schedules in Winter 2020 and arrived at an agreement to keep their slots till early 2021.

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IATA projects $84 billion losses for airlines in 2020

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IATA, the industry body of airlines has predicted that aviation will see sharp losses in the days ahead. For 2020, that would mean about USD 84 billion of losses at an aggregate level, and for 2021, about $15 billion in losses, if a second wave of the Virus does not come through.

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