European airlines lost approximately $2.5 billion in revenue as a result of the 2015-2016 terrorist attacks in Paris and Brussels, according to a new IATA study. European international passenger traffic fell approximately 1.6% in the year following the incidents. The impact of the incidents proved temporary, however, as European airlines’ international traffic began recovering in June 2016, and soon picked up to exceed the pre-incident trend pace, IATA said. “This was ...

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