Aviation Strategy

IATA and OECD reveal the
bad news — May 2020

In June IATA published its biannual update of the airline industry economic performance. The economics team usually does this to coincide with the trade group’s annual general meeting — but this year the AGM has been postponed to December in deference to the lack of airline connectivity in the coronavirus crisis (although it is still currently planned to be a physical rather than virtual meeting). The forecasts do not make for happy reading: IATA bluntly points out that 2020 will be the worst year in the history of the airline industry…… ……

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