With many countries battling against COVID-19, the IATA expects passenger revenues to drop by an estimated $314 billion in 2020, a 55% decline compared to 2019. Many airlines such as Delta (featured in this post) are grounding their aircrafts in various locations in the world. International markets will be slower to resume as it is likely that governments will retain travel restrictions in the long term.
How long do you think will the aviation industry take to recover to its original state in 2019 before COVID-19?
Image credits: AirTeamImages
Comments