Around 25 million jobs are at risk after the decreasing demand for the air travel during the covid 19 crisis, the International Air Transporting Association(IATA) in its analysis told.
65.5 million people which includes the travel and tourism sector also depends on the aviation academy. Several travel restrictions had been imposed from the last three months , and the IATA conducted research, 25 million of these include airline jobs which are said to disappear. Airlines are expected to see a revenue fall by 44 % that is 252 million dollars.
IATA is calling for financial support from the govt and for tax relief.
” There are no words to adequately describe the devastating impact of covid 19 on the airline industry and the economic pain will be shared by 25 million people who works in jobs dependent on airlines.”, the IATA’s director general quoted.
The airline industry will also have to plan for the airlines to be ready when the outbreak is contained along with financial relief from the govt,Alexandre de Juniac the CEO of IATA said. He also added that the stakeholders and govt should conduct a meeting and summits to discuss the next step.