Air passenger numbers are set to have weakened by almost 61% in 2020 on the year to 1.8 billion, the International Air Transport Association said in a statement Nov. 24. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now This is level with the number the industry carried in 2003, the association added. However, passenger numbers are expected to grow again in 2021 to around 2.8 billion, it said. Along with this, the industry can expect a net loss of $118.5 billion in 2020 and a net loss of $38.7 billion in 2021, IATA said. In the cargo segment, uplift in 2020 is expected to be 54.2 million mt, down from 61.3 million mt in 2019. In 2021, the role that air cargo will play in vaccine distribution should bolster the sector and volume should grow to some 61.2 million mt, […]