Maraaz 
International Air Transport Association (IATA) continues to emerge new coronavirus cases. Reported that the airline industry was preparing for a difficult fourth quarter in 2020 due to travel restrictions.
International Air Transport Association (IATA), continuing emergence of new coronavirus cases. Stated that the airline industry was preparing for a difficult fourth quarter in 2020 due to its restrictions on cross-border travel.
IATA expects traffic for 2020 to be 66 percent lower than 2019’s level and to drop 68 percent annually in December 2020. IATA CEO Alexandre de Juniac said: “ The fourth quarter of 2020 will be extremely difficult and the borders remain closed. There are few indications that the first half of 2021 will be significantly better as long as quarantines continue.
The average airline company without additional government financial assistance. There is only 8.5 months can spend unpaid cash if his current spending rates continue.”
The International Air Transport Association (IATA) presented a new analysis showing that the airline industry will not be able to cut costs sufficiently in 2021 to avoid bankruptcies and reduce cash loss.
IATA also requested that every passenger traveling by airline be tested for Covid-19 before boarding the plane.
