Initial industry performance 2021
The airline industry is expected to remain cash negative throughout 2021. New estimates for cash burn are in the $75–$95 billion range.
IATA figures show that total year 2020 demand (revenue passenger kilometers or RPKs) fell 65.9% compared with 2019, by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December.