✨ The International Air Transport Association (IATA) said in a report;
⭕️ Airlines are not able to reduce their core costs.
🔹 The aviation industry's revenue is projected to fall by more than 46 percent by the end of 2021, compared to $ 838 billion in 2019.
🔹 Previous analysis of 2021 revenue showed a 29 percent decline.
🔹 The International Air Transport Association also predicts that air traffic will fall by 66% by 2020 compared to 2019.