COVID-19: Airlines need fresh $80bn to survive – IATA

Uba Group

AIRLINES need another $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 $70-$80 billion in additional aid,” the head of the International Air Transport Association Alexandre de Juniac told La Tribune. “Otherwise, they won’t survive.”

Details later…