10/10
© Reuters. FILE PHOTO: FILE PHOTO: Caterpillar’s small wheel loader assembly plant is pictured in Clayton
2/10
© Reuters. FILE PHOTO: FILE PHOTO: Caterpillar’s small wheel loader assembly plant is pictured in Clayton2/10
PARIS/LONDON (Reuters) – Global airlines will lose $314 billion in revenue due to the coronavirus pandemic in 2020 according to a forecast from the industry’s representative body IATA, which raised its estimate from the $252 billion figure given on March 24.
The $314 billion represents a 55% fall in passenger revenues compared to the previous year, on air traffic which is seen being 48% lower, said the International Air Transport Association in a weekly online news conference on Tuesday.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual…
