Aviation to take USD 30 billion hit from coronavirus: IATA

Aviation to take USD 30 billion hit from coronavirus: IATA

The International Air Transport Association (IATA) has released its initial assessment of the impact of the COVID-19 and finds that passenger demand for carriers in the Asia-Pacific region could fall by as much as 13%. Considering that growth for the region’s airlines was forecast to be 4.8%, the net impact will be an 8.2% full-year […]

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Source: traveldailymedia