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Asia-Pacific travel

COVID-19 May End Up Costing World Airlines $29 Billion in Revenues

2020-02-24 by Argophilia Travel News

Novel Coronavirus SARS-CoV-2

New York – The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airlines was forecast to be 4.8%, the net impact will be […]

Tags: airline profits, airlines, Asia-Pacific travel, China, China travelers, Chinese airlines, Coronavirus, Coronavirus 2019, COVID-19, domestic travel, health alert, IATA, world airlines




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