NEW DELHI : Airlines globally will lose over $84 billion during financial year 2020, the biggest in aviation history, due to the outspread of covid-19 and a muted travel appetite is expected to lead to at least $16 billion losses for airlines during financial year 2021, Alexandre de Juniac, director general and chief executive of industry body International Air Transport Association (IATA) said on Tuesday."The losses this year will be the biggest in aviation history—over $84 billion in 2020 and nearly $16 billion in 2021.
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