International Air Transport Association Chief Executive Officer Alexandre de Juniac provided an update and outlook, during which he stated “We have never seen a downturn this deep before. In our latest scenario, full year passenger revenues plummet 55% compared to 2019, while traffic falls 48%. In other words, half our business disappears.”
Click on the link to see his statement. https://www.iata.org/en/pressroom/speeches/2020-04-14-01/