$29.3 Bln Revenue Loss For Airlines In 2020 Due To Coronavirus: IATA

The coronavirus outbreak in China has affected the global airline industry badly, and is expected to result in major cut in air carriers' revenues and global traffic. As per its initial assessment of the impact of COVID-19, the International Air Transport Association (IATA) estimates a potential 13 percent full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering t