{"id":103259,"date":"2020-11-20T20:26:13","date_gmt":"2020-11-20T20:26:13","guid":{"rendered":"https:\/?p=103259"},"modified":"2020-11-20T20:26:16","modified_gmt":"2020-11-20T20:26:16","slug":"airlines-need-another-80-bln-in-aid-to-survive-iata","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2020\/11\/airlines-need-another-80-bln-in-aid-to-survive-iata.html","title":{"rendered":"Airlines need another $80 bln in aid to survive -IATA."},"content":{"rendered":"\n

Airlines will need $70-80 billion in aid to survive the coronavirus crisis, or another half again of the amount already received from governments, their global industry body warned.<\/p>\n\n\n\n

See also:<\/strong> Emirates leads the world ranking of the safest airlines against Covid-19.<\/a><\/p>\n\n\n\n

\u201cWe are extremely grateful to them for having injected $160 billion into the sector,\u201d Alexandre de Juniac, director general of the International Air Transport Association (IATA), said on Friday at the Paris Air Forum, hosted by newspaper La Tribune.<\/p>\n\n\n\n

\u201cFor the coming months, the industry\u2019s needs are evaluated at $70-80 billion in additional aid,\u201d De Juniac said. \u201cOtherwise some airlines will not survive.\u201d<\/p>\n\n\n\n

See also: <\/strong>The Australian airline Qantas turns 100 years old.<\/a><\/p>\n\n\n\n

While vaccine breakthroughs offer hope, a return to mass travel remains many months away, airlines say. Some will struggle to make it through the northern hemisphere winter, when profits are thin even in normal times.<\/p>\n\n\n\n

Meanwhile a renewed surge in COVID-19 infections and travel curbs has further dimmed the financial outlook for a sector which IATA has predicted is set to lose $87 billion this year.<\/p>\n\n\n\n

\u201cIt\u2019s quite probable that we will be looking at bigger losses than the figures we announced,\u201d De Juniac said, adding that the full-year deficit would likely approach $100 billion.<\/p>\n\n\n\n

IATA has predicted a painfully slow recovery with a return to pre-crisis traffic levels only in 2024 and passenger numbers still down 30% next year.<\/p>\n\n\n\n

That too could prove optimistic, De Juniac warned. \u201cWe estimate that air traffic will be at 33% of its 2019 level at the end of 2020 and then, we hope, 50-60% at the end of 2021.\u201d<\/p>\n\n\n\n

By Reuters<\/a>
(Reporting by Laurence Frost; editing by Jason Neely)<\/p>\n\n\n\n

Related Topics<\/h2>\n\n\n\n\t\t\t
\n\n\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\teasyJet Expands UK Network with Nine Strategic New Routes for Winter<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tEtihad Airways Bolsters U.S. Network: Chicago Reaches Double-Daily Frequency and Charlotte Scales to Daily Service<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tKuwait Airways and Jazeera Airways Resume Operations Following Reopening of Kuwaiti Airspace<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\tWingo Strengthens Connectivity with Venezuela: Charter Flights to Porlamar and Selection of New Regular Destination<\/a>\n\t\t\t<\/h4>\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\tRead More<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t","protected":false},"excerpt":{"rendered":"Airlines will need $70-80 billion in aid to survive the coronavirus crisis, or another half again of the…\n","protected":false},"author":1,"featured_media":99574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[197,200,258],"class_list":{"0":"post-103259","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-airlines","9":"tag-coronavirus-2","10":"tag-iata-2"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-80x80.jpg",80,80,true],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-300x225.jpg",300,225,true],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/aviones.jpg",800,400,false]},"uagb_author_info":{"display_name":"Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/admin"},"uagb_comment_info":0,"uagb_excerpt":"Airlines will need $70-80 billion in aid to survive the coronavirus crisis, or another half again of the…","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/103259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=103259"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/103259\/revisions"}],"predecessor-version":[{"id":103260,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/103259\/revisions\/103260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/99574"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=103259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=103259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=103259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}