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|    AVIATION    |    Aviation echo, airline-related news    |    717 messages    |
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|    Message 289 of 717    |
|    Aviation HQ to All    |
|    IATA says total airline loss from the co    |
|    04 Oct 21 16:47:35    |
      MSGID: 2:292/854 1439270c       The loss of airlines worldwide due to the outbreak of the corona pandemic is       about $ 201 milliard. IATA CEO Willie Walsh reported this on Monday during the       annual meeting of the trade association. The good news: the lowest point of       the crisis is behind us.               In 2020, airlines worldwide ended up $ 138 milliard in the red, this year the       loss is expected to be $ 52 milliard. Next year, the loss will still amount to       12 milliard dollars, in 2023 IATA is counting on a profit for the first time       since 2019.               Passenger demand (calculated in the number of passenger kilometers flown) will       end in 2021 at forty percent of the level of 2019. That will grow to 61       percent next year. The number of air passengers is expected to be around        2.3 milliard this year and 3.4 milliard in 2023. By comparison, in 2019 there       were still 4.5 milliard.               Walsh is urging governments to speed up border reopening to allow       international air traffic to recover. In addition, vaccinated and negatively       tested travelers must be able to travel without hindrance. IATA cites the       European digital corona passport as an example for the rest of the world.       "Measures should only remain in effect for as long as necessary, and not a day       longer," said the former IAG chief.               Alexandre de Juniac's successor, who took office earlier this year, has lashed       out at air traffic control organizations and airports that have announced       raising rates due to lost revenue during the corona crisis. He cited Schiphol       Airport - which would like to increase airport charges by 40% over a period of       three years - and Heathrow Airport, which has proposed an increase of 90% for       next year.               "We all want to put COVID-19 behind us, but to shift the financial burden of a       crisis of apocalyptic proportions onto your customers ... just because you can       ... is a commercial strategy that only a monopolist can dream of," said Walsh.              --- DB4 - Sep 03 2021        * Origin: AVIATION ECHO HQ (2:292/854)       SEEN-BY: 1/123 80/1 90/1 105/81 120/340 123/131 129/305 221/1 226/30       SEEN-BY: 227/702 229/424 426 428 664 700 240/5832 249/317 400 261/38       SEEN-BY: 280/464 282/1038 292/854 8125 301/1 317/3 322/757 335/364       SEEN-BY: 342/200 396/45 633/280       PATH: 292/854 229/426           |
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