Juniac Archives - Aviation News

IATA Forecasts Airline Industry Won’t Get Cash-Positive Until 2022

2021-02-26

Reading Time: < 1 minute The International Air Transport Association (IATA) announced that the airline industry would have to wait until 2022 to turn cash-positive. This prognosis differs from what IATA predicted previously and suggests carriers worldwide will be burning at least $75 billion in cash in 2021 compared to the original estimate of $48 billion. “With governments tightening border […]

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