Air Travel Faces Continued Turbulence

April 9, 2020

"There are no words that can adequately describe how deeply this crisis is impacting aviation." So said the boss of the International Air Transport Association (IATA).

Where Alexandre de Juniac could find words, he wasn't mincing them, and he also had numbers.

Between April and June, "some $61bn could disappear from cash reserves. Demand is in free-fall. Worldwide, it's down 70% compared to last year: 90% in Europe. And it could get even worse".

Read more: https://www.bbc.com/news/uk-scotland-scotland-business-52212510

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