Live Update 
From the Liveblog of
Wednesday, April 21, 2021
From the Liveblog of
Wednesday, April 21, 2021
Airlines face $47.7b loss in 2021, worse than earlier forecast
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A Gulf Air passenger plane , Aug. 5, 2016, at the Ninoy Aquino International Airport at suburban Pasay city south of Manila, Philippines (AP Photo/Bullit Marquez)
Airlines are forecast to lose $47.7 billion this year, worse than previously forecast, a global industry group said Wednesday, as the sector struggles to recover from the coronavirus pandemic.
On a brighter note, the International Air Transport Association slightly raised its forecast for global air passenger traffic, saying it would reach 43 percent of pre-pandemic levels.
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