Airlines continue to struggle into Q4 2020

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IATA has once again downgraded its full-year 2020 global air travel forecast, reflecting a downturn in European travel demand amid a new surge in Covid-19 cases as well as other new restrictions in portions of the world.

 

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The global airlines trade group now projects full-year 2020 traffic to be down 66% compared with 2019. Its previous forecast was of a 63% plunge.

IATA said that the recovery of air passenger service globally came to a halt in mid-August.

In Europe, international demand was down 79.9% year over year in August. But IATA said travel on the Continent is now trending even worse amid a return to lockdowns and quarantines in some markets.

“Absent additional government relief measures and a reopening of borders,” de Juniac said, “hundreds of thousands of airline jobs will disappear.”

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Published by unaccompaniedworld

The mission statement for this blog is to share our experiences and help to improve travel for those we care about. Whether divorced and living in a different country or just in a situation where you need to have your children travelling alone to see family, friends or attend schools abroad the process of having them fly alone is a daunting experience. The rules and fees vary from one airline to the next and across jurisdictions, timezones and age groups. The community approach here is designed to share answers to common questions and to help others.

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