Many airline companies won’t survive Covid crisis, aviation body warns ...News

Economy by : (Russia Today) -
The coronavirus pandemic will result in fewer airline companies globally because firms are currently being taken over or going under, the head of the International Air Transport Association (IATA), Alexandre de Juniac has said. According to him, the air transport situation is “catastrophic,” with inter-continental traffic having fallen by more than 90 percent. “In Europe, the air traffic is around 35 percent of what we saw last year,” he told BFM Business radio, warning that the sector is in an “exceptionally serious and difficult situation.” Also on rt.com Almost 200 Europe

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