There are still large gaps in the financial aid needed to help airlines survive the COVID-19 crisis.
There are still large gaps in the financial aid needed to help airlines survive the COVID-19 crisis.
IATA, the trade association for the world's airlines, expects the airline industry's global debt could rise to $550 billion by the end of this year.
IATA CEO Alexandre de Juniac explained that, due to governments' COVID-19 interventions, the airline industry was blocked from operating as an economic sector. Therefore, it would be appropriate to ask governments to help revive the industry.
IATA, the trade association for the world's airlines, expects the airline industry's global debt could rise to $550 billion by the end of this year.
IATA CEO Alexandre de Juniac explained that, due to governments' COVID-19 interventions, the airline industry was blocked from operating as an economic sector. Therefore, it would be appropriate to ask governments to help revive the industry.
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