'The industry is in free fall and we have not hit bottom,' warns the International Air Transport Association. coronavirus
have notably announced this week they expect to make thousands of job cuts after traffic volume fell to levels not seen since 2006.
"March was a disastrous month for aviation," said Alexandre de Juniac, IATA’s director general and chief executive officer. "Airlines progressively felt the growing impact of the COVID-19-related border closings and restrictions on mobility, including in domestic markets."Worse, we know that the situation deteriorated even more in April and most signs point to a slow recovery."Asia-Pacific traffic slumped 65.5% in March with a 54.3% fall for European carriers and a 53.7% drop for North American counterparts., traffic fell on the continent by 42.2% in March after just a 1.1% dip in February.
"The industry is in free fall and we have not hit bottom," De Juniac warned, while urging governments and the industry to"It is imperative that governments work with industry now to prepare for that day. "It is the only way to ensure that we have measures in place to keep passengers safe during travel and reassure governments that aviation will not be a vector in the spread of the disease."
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