On average, every day of this year will add $230 million to industry gains

This year, airline revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, the industry might cut its losses to $15.8 billion as revenues rise to $598 billion. “On average, every day of this year will add $230 million to industry losses. In total that’s a loss of $84.3 billion. It means that—based on an estimate of 2.2 billion passengers this year—airlines will lose $37.54 per passenger,” explained Alexandre de Juniac, IATA’s Director General and CEO.

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