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IATA Says Airlines Need Another $70-80 Billion to Survive

Airlines need up to another $80 billion to survive, the head of the industry's trade association told a French daily on Friday, as many countries tighten restrictions to confront another wave of coronavirus infections.

"For the coming months the industry is estimated to need $70-$80 billion in additional aid," the head of the International Air Transport Association (IATA) Alexandre de Juniac told La Tribune. "Otherwise they won't survive."

Source: Agence France Presse


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