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Glum and glummer: airlines put back rebound hopes Airlines had hoped for a recovery in demand by 2023, but now industry body IATA says a rebound will take an extra year. Japan's ANA is just the latest to report big losses. Julian Satterthwaite reports. Credit: Reuters Studio Duration: 01:32 Published on January 1, 1970 Cathay to repay Hong Kong for parts of bailout Troubled Hong Kong airline Cathay Pacific said Tuesday it expects to repay the city's government for part of its bailout over 3 to 5 years. Gloria Tso reports. Credit: Reuters Studio Duration: 00:59 Published on January 1, 1970 Airline group predicts worst year ever for industry Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenues by half to mark the worst year in the sector's history, the International Air Transport Association forecast on Tuesday. Conway G. Gittens reports. Credit: Reuters Studio Duration: 01:26 Published on January 1, 1970
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