Airlines need another US$70-80b to survive: IATA chief

AFP
Airlines need up to another US$80 billion to survive, the head of the industry's trade association told a French daily on Friday.
AFP

Airlines need up to another US$80 billion to survive, the head of the industry's trade association told a French daily on Friday, as many countries tighten restrictions to confront another wave of coronavirus infections.

"For the coming months the industry is estimated to need US$70-80 billion in additional aid," the head of the International Air Transport Association (IATA) Alexandre de Juniac told La Tribune. "Otherwise they won't survive."

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