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Airlines Face Massive $252 Billion Loss During Coronavirus Pandemic | Forbes
Posted
April 1, 2020
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April 1, 2020
8,739
124
20
1.65%
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4:01Now PlayingThe spread of coronavirus and the resulting closures of international airline routes will result in $252 billion in passenger revenue losses for the year, says the International Air Transport Association. That’s more than double the revenue losses the airline industry group initially projected at the beginning of March. Here's what we can expect for the airline industry on the other side of the pandemic.
*Editors note: Samuel Engel is SVP of ICF.
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