IATA renews call for European governments to support airlines

The International Air Transport Association (IATA) strengthened its call for urgent action from European governments to provide financial relief to airlines. The latest IATA scenario for potential revenue loss by European carriers is US$76 bn and passenger demand (measured in Revenue Passenger Kilometers) is projected to be 46% below 2019 levels. According to IATA , a decline of this magnitude puts at risk about 5.6 million jobs and $378bn in GDP supported by air transport. The industry association broke the impact of its projections down to a country level, and for example the UK would see 113.5mn fewer passengers resulting in a $21.7bn