21/06/2021

Ishka Dublin Festival: End of the crisis ‘in sight’ but airlines to suffer losses till 2023

Commercial air travel is forecasted to recover to 88% of 2019 levels by 2022 and 109% by 2023, according to Brian Pearce, chief economist for aviation trade body IATA. Pearce, speaking at the Ishka+ Dublin virtual Festival said “the end of the crisis is in sight” but warned many airlines are still at risk of significant cash burn for the rest of 2021.

Ishka Dublin
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