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Worst year for aviation, global airlines to lose $84 bn in 2020

In India, domestic airlines have not secured any relief from the government and are reporting 50-55 per cent loads as domestic air travel resumed on May 25 after two-month suspension. Illustration: Dominic Xavier/Rediff.com The International Air Transport Association (IATA) has projected $84.3-billion loss for global airlines in 2020 as travel bans and visa restrictions are set to halve international passenger traffic. Financially, 2020 will go down as the worst year in the history of ...
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