Airlines could lose $252bn in revenue from the coronavirus pandemic
The anticipated hit is more than double the decline suggested by Iata earlier in March, reflecting the steep downward spiral of many airlines
24 March 2020 - 18:17
Airlines worldwide could lose $252bn in revenue in 2020 from the coronavirus pandemic, threatening the survival of the industry, according to the International Air Transport Association (Iata).
The anticipated hit is more than double a decline mooted by Iata earlier in March, reflecting the steep downward spiral of many carriers as they grapple with a crisis more severe than anything the sector has ever faced, the trade group said on Tuesday...
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