The world aviation association IATA assumes that the losses in 2020 and 2021 could be even higher than previously forecast. The industry-wide deficit this year is expected to be around 99,9 billion euros. So far, a lower sum has been assumed.

In the course of the annual general meeting, which was held on Tuesday, one elected Willie Walsh as the new president. The former IAG boss is facing a difficult time, because the IATA assumes that the airlines that belong to the association will fly in losses of 32,62 billion euros in the coming year. This lowers the forecast from June 2020 by 250 percent. The World Aviation Federation also says 2021 will be the second hardest in history.

It is expected that sales will increase in the coming year, but will reach a maximum of half of the record year 2019. For 2020, around 276,42 billion euros are forecast for the industry.

On the basis of these figures, the IATA is repeating a now well-known requirement: rapid tests before each departure should make entry easier. It is also hoped that the current restrictions will gradually fall with the global availability of vaccines.