IATA Estimates This Gravest Crisis Could Cost Aviation $252 Billion
2020-03-26Reading Time: < 1 minute On 5 March, 2020, the International Air Transport Association (IATA) projected that the crisis caused by the coronavirus will cost the industry a $113 billion revenue loss. On 24 March, 2020, the updated analysis revealed new numbers: $252 billion hit or 44% below 2019’s figure. The initial forecast was made in light of some travel […]