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Covid-19 impact: Airlines expected to lose $84.3 bn in 2020, says IATA

“Financially, 2020 will go down as the worst year in the history of aviation. On average, every day of this year will add $230 million to industry losses. In total that’s a loss of $84.3billion,” said Alexandre de Juniac, IATA’s Director General and CEO, in a statement.

AXA XL appoints Xavier Veyry as CEO Asia & Europe

Veyry is currently Country CEO of AXA China and Chairman of AXA Tianping in China and AXA General Insurance in Korea. Over the span of his 24-year career at AXA, . Veyry has held several CEO and leadership positions around the world and has lived and worked in 12 countries across the Middle East, Asia and Europe.He will step down from his role as CEO of AXA China later this year to lead AXA XL’s Asia & Europe business from Dublin, Ireland.

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