Airlines face another bleak year as outlook worsens

Airlines face another bleak year with steeper losses than previously forecast, as some regions struggle to speed up Covid-19 vaccination campaigns and control virus variants, an industry group said Wednesday.

The industry is expected to register net post-tax losses of $47.7 billion (39.7 billion euros) in 2021, greater than the $38 billion forecast in December, according to the International Air Transport Association.