{"id":380923,"date":"2020-10-28T09:16:53","date_gmt":"2020-10-28T03:46:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=380923"},"modified":"2020-10-28T09:37:41","modified_gmt":"2020-10-28T04:07:41","slug":"airline-revenues-forecast-at-half-2019-levels-in-2021-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airline-revenues-forecast-at-half-2019-levels-in-2021-iata\/","title":{"rendered":"Airline revenues forecast at half 2019 levels in 2021: IATA"},"content":{"rendered":"<p>Airline industry revenues are expected to remain 46 per cent lower in 2021 than the $838 billion booked in the last pre-coronavirus year of 2019, industry body IATA said Tuesday in a marked worsening of its forecasts.<\/p>\n<p>Its previous outlook for a smaller drop of 29 per cent &#8220;was based on expectations for a demand recovery commencing in the fourth quarter of 2020.&#8221;<\/p>\n<p>That is now unlikely to materialise because of renewed Covid-19 outbreaks and government restrictions in response, said the federation representing 290 airlines.<\/p>\n<p>Over the full year in 2020, IATA forecasts a 66-per cent drop in traffic compared to last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airline industry revenues are expected to remain 46 per cent lower in 2021 than the $838 billion booked in the last pre-coronavirus year of 2019, industry body IATA said Tuesday in a marked worsening of its forecasts. Its previous outlook for a smaller drop of 29 per cent &#8220;was based on expectations for a demand recovery commencing in the fourth quarter of 2020.&#8221; That is now unlikely to materialise because of renewed Covid-19 outbreaks and government restrictions in response, said the federation representing 290 airlines. Over the full year in 2020, IATA forecasts a 66-per cent drop in traffic compared [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-380923","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=380923"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/380923\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=380923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=380923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=380923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}