The International Air Transport Association has warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion per month or $300,000 per minute) despite the restart of operations, while the slow recovery in air travel will see the airline industry continuing to burn through cash at an average rate of $5 to $6 billion per month in 2021. According to the latest figures from the Air Transport Action Group, the severe downturn this year, combined with a slow recovery, threatens 4.8 million jobs across the entire aviation sector and because each aviation job supports many more in the broader economy, the global impact is 46 million potential job losses and $1.8 trillion dollars of economic activity at risk.