Global passenger traffic data for February 2020 showed that demand (measured in total revenue passenger kilometers or RPKs) fell 14.1 percent compared to the same month in 2019, due to the coronavirus (Covid-19), the International Air Transport Association (IATA) said on Thursday. “This was the steepest decline in traffic since 9/11 and reflected collapsing domestic […]
Photo source: IATA “The scale of the current industry crisis is much worse and far more widespread than 9/11, SARS or the 2008 Global Financial Crisis.” – Alexandre de Juniac, IATA Emergency aid of up to $200 billion is required for airlines on a global basis, due to the evaporation of air travel demand as […]










