IATA: Global airline traffic to fall by 66% in 2020

IATA: Global airline traffic to fall by 66% in 2020

The fortune of airline operators across the globe is dwindling and any hope of quick recovery from the abyss is fading due to the lingering negative impact of conavirus movement restrictions that has continued to bite deep into their revenue. This became more pronounced in the latest outlook for airline patronage for the the rest of the year 2020 just released by  Airthe International Transport Association (AITA) which further downgrade prospects for the last quarter of the year. Global airlines have revised traffic forecasts lower, IATA, the sector federation said…

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