Published 1 year ago

Global airline industry to post $6.9 billion loss in 2022: IATA

Summary by Ground News

In June, the International Air Transport Association (IATA) projected the industry loss at USD 9.7 billion. In October 2021, it forecast a loss of USD 11.6 billion for this year. In 2022, airline net loss is expected to be USD 6.9 billion.

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Times of India

Global airline industry to post $6.9 billion loss in 2022: IATA

In 2022, airline net loss is expected to be $6.9 billion. This is significantly better than loss of $42 billion and $ 137.7 billion in 2021 and 2020, respectively, it said. "We are on the right path... but still a long way to go," IATA Director General Willie Walsh said at a briefing here on Tuesday.

1 year ago·India

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Business Standard

Global airline industry set to post $6.9 billion loss in 2022: IATA

The global airline industry is projected to report a lower loss at USD 6.9 billion in 2022, mainly due to stronger passenger yields and cost control by carriers amid rising fuel prices, according to industry body IATA.

1 year ago·India

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Global Airline Industry To Post Lower Loss At $6.9 Billion In 2022: IATA

The global airline industry is projected to report a lower loss at $6.9 billion in 2022, mainly due to stronger passenger yields and cost control by carriers amid rising fuel prices, according to industry body IATA.In June, the International Air Transport Association projected the industry loss at $9.7 billion. In October 2021, it forecast a loss of $11.6 billion for this year.On Tuesday, IATA said the global airline industry is expected to retu…

1 year ago

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cnbctv18.com

Global airline industry to post USD 6.9 billion loss in 2022, reports IATA

In 2022, airline net loss is expected to be USD 6.9 billion. This is significantly better than loss of USD 42 billion and USD 137.7 billion in 2021 and 2020, respectively, it said.

1 year ago

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