#Coronavirus Business Report: Airlines cut domestic fares by an average 23% last month as traffic picked up from April lows, global industry body IATA said on Wednesday, warning that post-coronavirus discounting posed a further threat to profitability

“Domestic passenger traffic rose 30% globally in May from a very low base in April, when much of the industry was brought to a near-standstill by the #COVID19 #pandemic, IATA said in an online presentation.”

Published: https://bitly.com/3068bBI

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