IATA’s Director General and CEO, Alexandre de Juniac says “That with 2020 going down history as the worst financial year for aviation, an industry-wide government bailout is justified. With strong cargo operations and comparatively low fuel prices there is a ray of hope. But every day of this year will add US$230 million to industry losses and that is why government financial relief is crucial. Provided there is not a second and more damaging wave of Covid-19, the worst of the collapse in traffic is likely behind us”