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Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020

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Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020




The bulk of which would be borne by carriers registered in China, with $12.8 billion loss in the China domestic market alone.

The International Air Transport Association (IATA) released its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) on Thursday which predicted a $27.8 billion revenue loss in 2020 for carriers in the Asia-Pacific region.
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