Recently，Global air transport 188bet app financial forecast report released by the International Air Transport Association，Global airlines will lose US.3 billion in 2020，Net profit margin decreased by 20.1%。Alexandre de Juniac, IATA’s Director General and CEO, said: “Government financial support is crucial for airlines that are ‘burning through cash’。”

But this does not mean that the international aviation 188bet app will always be at a low point，In fact，The aviation 188bet app may have hit bottom and is slowly recovering。"If the epidemic does not spread in a larger area in the second round，Then the most difficult period for the aviation 188bet app is over。The key to 188bet app recovery is the global implementation of unified restart measures，Ensuring the safety of passengers and crew。Adopt an effective contact tracing system，will help build confidence in restarting。This is an important force for 188bet app recovery，About 10% of the world’s GDP comes from tourism，Much of it relies on air travel。Encouraging people to fly safely again is a driving force for economic growth。" de Juniac said。

Report forecast，Passenger traffic in 2020 is expected to decrease by 54% compared with the same period in 2019.7%。Passenger volume roughly halved，Only 22.500 million visitors，Equivalent to 2006 level。The decline in income 188bet app be greater than the decline in demand，Reflects airlines’ attempts to use price incentives to encourage people to fly again。Estimated average load factor in 2020 is 62.7%，About 20 percentage points lower than 2019 load factor。Judging from the performance of each region，2020，All regions 188bet app experience losses。

Report expected，2021，As quarantines open up and demand grows around the world，188bet app expected to reduce losses to US.8 billion，Net profit margin decreased by 2.6%。Airlines enter recovery period，But many performance indicators are still below pre-pandemic levels。Among them，Total passenger volume is expected to rebound to 33.800 million visitors，Total revenue expected to reach 8 billion，42% increase over 2020，But still 29% lower than in 2019。

“2021，Airlines’ financial position remains fragile。Passenger revenue will decrease by more than 1/3 compared with 2019。Want to reduce losses，The focus is on the increase in the number of passengers after the reopening of various places。Strong freight business and relatively low fuel prices will also promote the development of the 188bet app。Competition among airlines will undoubtedly become more intense。The challenge for the global aviation 188bet app in 2022 will be to reduce losses in 2021 and achieve profitability。" de Juniac said。

Finally stated in the report，Confidence is very important。Travel methods may change。The opening up of air travel may be gradual，The first is the domestic market，Then regional markets，Finally, the international market。Research shows，Within a few months after the epidemic is under control，About 60% of travelers expect to start traveling again。The same study also showed，If isolation measures are taken until personal financial situation is stable，The proportion of potential travelers 188bet app be higher。“When people have confidence in their personal finances and passenger safety measures，You 188bet app want to fly again。" de Juniac said。

*Source of this article：China Economic Herald,Author: Liu Run, original title:《IATA: The most difficult period for the aviation 188bet app may be over》.