RIO DE JANEIRO, BRAZIL - The International Air Transport Association (IATA) has raised to US$13.61 billion the projected revenue loss for air carriers in Brazil in 2020 because of Covid-19.
In July, the association had projected that Brazilian airlines would lose US$10.83 billion in revenues this year as a result of the pandemic. The data were released by the association on Thursday, December 10th, in a teleconference with journalists.
In total revenue, the association expects that the country's airlines will close 2020 with a drop of 71% compared to 2019 - in the July report, the . . .