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The head of global airline body IATA said he was cautiously optimistic about demand for travel in the second half of the year, adding that he expects transatlantic flying between Britain and the United States to re-open in the coming weeks.
Global airlines warned on Tuesday that the coronavirus-stricken industry was on course to burn through another $77 billion in cash in the second half of 2020, calling on governments to renew expiring wage support programmes.
Global airlines have revised traffic forecasts lower, sector federation IATA said on Tuesday, warning that hundreds of thousands of jobs are at risk without more state aid.
Most airlines are considering downsizing their staff over the next 12 months due to the coronavirus crisis, the International Air Transport Association (IATA) said on Wednesday, citing an internal survey.
Global airlines warned that 25 million jobs across the world could be at risk from the coronavirus travel downturn and the industry’s representative body said airline finances were so fragile they could not afford to refund customers.
Over the summer travel months of July and August, Emirates handled nearly 1.2 million customers at its hub, compared to 402,000 customers
Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up Covid-19 vaccination campaigns and control virus variants, an industry group said on Wednesday.
It is sad that the COVID-19 pandemic has battered the air transport sector, landing it in huge turbulence, grounding planes, resulting in layoffs, bankruptcies and rescue plans.
Global air passenger traffic plunged by an unprecedented 66 per cent in 2020 owing to travel restrictions imposed during the COVID-19 pandemic, an industry group said.
The International Air Transport Association (IATA) has developed industry standards that will bring the aim of having travellers arrive at airports ready-to-fly one step closer to reality.
