Good morning from Montreal. We are here on the occasion of the 41st. General Assembly of ICAO. There are a lot of expectations for developments out of the Assembly. And certainly, we will be very interested to see how the global government community can come together to assist the industry in achieving our goals, particularly in relation to climate change.
But maybe just for context, I’ll remind you what the industry has gone through over the last few years and where we currently are. So if we can move to this slide, you can see we went through a dreadful couple of years. The good news is we are making progress. But when you see the losses in 2020 and 2021–and indeed, this year–where we are still expecting losses on the order of 10 billion US dollars, the industry will have lost around 190 billion US dollars in the three years since this pandemic started.
And it is interesting, but if you go back and just look at the chart between 2010 and 2019, I think that was the first time…