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Airlines to lose by up to $113 billion due to Coronavirus in 2020

Airlines to lose by up to $113 billion due to Coronavirus in 2020

business

Singapore

International Air Transport Association (IATA) stated that Airlines will lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on the spread of coronavirus.

IATA estimated that the breakout would cost carriers $29.3 billion in revenue, on 20th February, 2020.

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