IATA: Coronavirus Impact on Airlines Could Reach $113 Billion

Young woman at the airport in Barcelona checking for the flight schedule

The International Air Transport Association now predicts the coronavirus will cause a much bigger loss in revenues for commercial airlines this year. IATA expects total revenue losses between $63 billion and $113 billion depending on the spread of the virus. The losses are much larger than the $30 billion estimated two weeks ago when the… Continue reading IATA: Coronavirus Impact on Airlines Could Reach $113 Billion