BOSTON: The damage to the global aviation industry caused by the global epidemic Corona has exceeded dollar 200 billion.
The global epidemic of Corona has spurred some new industries around the world, and some of the most lucrative industries have collapsed like a wall of sand. One of them is the aviation industry. The damage caused to the aviation industry by Corona has exceeded 200 billion. According to the data, the losses incurred by the airline industry in the financial year 2020 to 2022 have eaten away at the profits earned in the last nine years.
According to a report published in the leading financial website Bloomberg , the International Air Transport Association (IATA) said at its annual conference in Boston, USA, that by next year, the aviation industry as a whole will lose another ارب 11.6 billion. Will be. Although domestic and regional flights have begun, it will take time for the aviation industry around the world to recover from the damage caused by Corona.
According to IATA data, the aviation industry has lost a total of 201 201 billion during the epidemic, which is equivalent to nine years of revenue for the industry. “We have revised our loss estimates for this year to 2022,” the association added.
IATA Director General Willie Welsh says the damage to airlines caused by the Corona crisis is huge. The desire to travel has not abated as the number of people traveling in the domestic market is increasing but they are being prevented from traveling internationally due to Corona’s complications, uncertainty and restrictions.
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He added that governments should ease travel restrictions and allow only vaccinated passengers to travel freely between countries. Corona was initially banned by governments, and has been around for almost two years now. And rationally, it shouldn’t be too long.
IATA forecasts a loss of 52 52 billion to the aviation industry this year, up from 48 48 billion in April this year, up from 6 126 billion last year. 8 138 billion.
The association estimates that the aviation industry expects passenger traffic to increase as soon as air travel is restored, and we expect passenger load to reach 67% this year and 75% in 2022.
The International Air Transport Association (IATA) represents 290 airlines, accounting for 82% of global traffic