The global airline industry may report an estimated $6.9 billion in loss this year, said the International Air Transport Association (IATA), which is lower than previous estimates and significantly lesser than the loss reported in 2020 and 2021.

Global airline industry to report billions in losses this year; may return to profit in 2023: IATA

In its latest look at trends for the sector, the International Air Transport Association (IATA) said it doesn't expect world air traffic to resume to its pre-pandemic level before 2023.

Airline industry sees long-term rebound for sector

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Global airline industry to report billions in losses this year; may return to profit in 2023: IATA

Airline industry sees long-term rebound for sector