Global aviation to suffer $29.3B revenue loss in 2020 due to coronavirus
The International Air Transport Association (IATA) forecast $29.3 billion revenue loss for global aviation sector in 2020 due to the new coronavirus outbreak. The global aviation revenue loss represents a 4.7% hit to global demand, the IATA said in a statement. IATA CEO Alexandre de Juniac stressed the reduction in global air traffic of 4.7%, … Read more