{"id":118451,"date":"2020-06-14T18:20:17","date_gmt":"2020-06-14T15:20:17","guid":{"rendered":"https:\/\/rhn.ro\/iata-estimates-losses-of-over-84-billion-in-2020\/"},"modified":"2026-03-07T16:35:45","modified_gmt":"2026-03-07T14:35:45","slug":"iata-estimates-losses-of-over-84-billion-in-2020","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/iata-estimates-losses-of-over-84-billion-in-2020\/","title":{"rendered":"IATA estimates losses of over $84 billion in 2020"},"content":{"rendered":"\n<p>The International Air Transport Association (IATA) announced that due to the crisis caused by the coronavirus, airlines could record net losses of $84.3 billion in 2020, followed by losses amounting to $15.8 billion in 2021.<\/p>\n\n\n\n<p>According to IATA&#8217;s latest forecasts, the global turnover of airlines will be halved this year, down to $419 billion, only to rise to $598 billion next year.<\/p>\n\n\n\n<p>Also, passenger air traffic is expected to decrease by 36% this year. The 2020 contraction will be followed by a 55% recovery in 2021, but even so, it will remain below the level recorded in 2019. IATA has appealed to governments to refrain from adopting quarantine measures that discourage air travel, stating that safety measures on board aircraft, such as the mandatory wearing of masks, are adequate.<\/p>\n\n<h3>Frequently Asked Questions<\/h3>\n<strong>What are the estimated losses for airlines in 2020?<\/strong>\n<p>IATA estimates that airlines will face net losses of $84.3 billion in 2020 due to the pandemic.<\/p>\n<strong>How much will airline turnover drop this year?<\/strong>\n<p>Global airline turnover is expected to drop by 50%, reaching approximately $419 billion.<\/p>\n<strong>What is IATA&#8217;s stance on quarantine measures?<\/strong>\n<p>IATA urges governments to avoid quarantine measures, arguing that on-board safety protocols like masks are sufficient.<\/p>","protected":false},"excerpt":{"rendered":"<p>The International Air Transport Association (IATA) announced that due to the crisis caused by the coronavirus, airlines could record net losses of $84.3 billion in 2020, followed by losses amounting to $15.8 billion in 2021. According to IATA&#8217;s latest forecasts, the global turnover of airlines will be halved this year, down to $419 billion, only&hellip;<\/p>\n","protected":false},"author":0,"featured_media":68938,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2856],"tags":[96,196],"thb-sponsors":[],"class_list":["post-118451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conectivity","tag-companii-aeriene","tag-iata"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/transport-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=118451"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/118451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/68938"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=118451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=118451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=118451"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=118451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}