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IATA downgraded its traffic forecast for Middle East from 45% of 2019 levels to 30%

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The FINANCIAL — The International Air Transport Association (IATA) downgraded its traffic forecast for the Middle East for 2020 to reflect a weaker-than-expected recovery. Full-year 2020 passenger numbers in the Middle East (to/from/within) are forecast to reach only 30% of 2019 levels, down significantly from the 45% that was projected in July In absolute numbers, the…