SINGAPORE: Airlines will lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, International Air Transport Association (IATA) said on Thursday.
IATA on Feb. 20 estimated the outbreak would cost carriers $29.3 billion in revenue.
Airlines to lose by up to $113 billion in 2020 due to coronavirus: IATA
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Updated 05 March 2020
Airlines to lose by up to $113 billion in 2020 due to coronavirus: IATA
