Middle East airlines post losses of $7.1bn in 2020 —

Middle East airlines post losses of $7.1bn in 2020 — IATA


RIYADH: Middle East airlines posted losses of $7.1 billion in 2020, a loss of $68.47 for each passenger flown, with traffic at less than 20 percent of 2019 levels, the International Air Transport Association (IATA) said.
January air passenger traffic in the region was down 82.3 percent compared with January 2019, according to IATA data.
The ongoing crisis puts over 1.7 million jobs in the Middle East and $105 billion in GDP at risk, IATA said as it called upon governments in the region to develop restart plans for the post-COVID-19 phase, and for regional coordination to ensure that the plans can be efficiently implemented.
Airlines in the Middle East received $4.8 billion in government aid in 2020, $4.1 billion of which was distributed through cash injections, IATA said.

Related Keywords

Riyadh , Ar Riya , Saudi Arabia , Kamil Al Awadhi , International Air Transport Association , Middle East , ரியாட் , ஆர் ரியா , சவுதி அரேபியா , காமில் அல் அவதி , சர்வதேச அேக போக்குவரத்து சங்கம் , நடுத்தர கிழக்கு ,

© 2025 Vimarsana