It will cost the economy 60 billion




If something has characterized the coronavirus pandemic, it is that it has been relentless with the forecasts. What is gray today may be white tomorrow. Or ... straight black. The latter is the case of the airlines, which have once again worsened their forecasts and already expect a drop in revenue of 11.9 billion dollars (9.8 billion euros) throughout Europe and a decrease in traffic of 70% during 2020.

This is how it reflects the latest study by the international employers' association IATA, which groups together almost 300 airlines from around the world. According to their calculations, Europe will be one of the worst hit regions within the sector, only surpassed by Africa (which will have a drop in traffic of 72%) and


Source link