{"id":385357,"date":"2020-11-21T09:20:28","date_gmt":"2020-11-21T03:50:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=385357"},"modified":"2020-11-21T09:51:24","modified_gmt":"2020-11-21T04:21:24","slug":"airlines-need-another-80-billion-in-aid-to-survive-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airlines-need-another-80-billion-in-aid-to-survive-iata\/","title":{"rendered":"Airlines need another $80 billion in aid to survive: IATA"},"content":{"rendered":"<p>Airlines will need $70-80 billion euros in aid to survive the coronavirus crisis, or another half again of the amount already received from governments, their global industry body warned.<\/p>\n<p>&#8220;We are extremely grateful to them for having injected $160 billion into the sector,&#8221; Alexandre de Juniac, director general of the International Air Transport Association (IATA), said on Friday at the Paris Air Forum, hosted by newspaper La Tribune.<\/p>\n<p>&#8220;For the coming months, the industry&#8217;s needs are evaluated at $70-80 billion in additional aid,&#8221; De Juniac said. &#8220;Otherwise some airlines will not survive.&#8221;<\/p>\n<p>While vaccine breakthroughs offer hope, a return to mass travel remains many months away, airlines say. Some will struggle to make it through the northern hemisphere winter, when profits are thin even in normal times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airlines will need $70-80 billion euros in aid to survive the coronavirus crisis, or another half again of the amount already received from governments, their global industry body warned. &#8220;We are extremely grateful to them for having injected $160 billion into the sector,&#8221; Alexandre de Juniac, director general of the International Air Transport Association (IATA), said on Friday at the Paris Air Forum, hosted by newspaper La Tribune. &#8220;For the coming months, the industry&#8217;s needs are evaluated at $70-80 billion in additional aid,&#8221; De Juniac said. &#8220;Otherwise some airlines will not survive.&#8221; While vaccine breakthroughs offer hope, a return to [&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-385357","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\/385357","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=385357"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/385357\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=385357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=385357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=385357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}