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International Travel May Take Until 2024 to Recover From COVID-19

  • September 18, 2020

It’s going to take three more years for international travel to recover from the catastrophic damages incurred due to the COVID-19 pandemic, according to The International Air Transport Association (IATA). So far, global losses in air transportation tally up to $84 billion, with North American carriers alone looking at $24 billion in losses. Airlines are implementing various ways of dealing with the debt, from cutting back on flights to selling off debt and bonds. In a recent poll, 58%...
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