IATA: Deeper Revenue Hit from COVID-19
Geneva (Switzerand) – March 25, 2020 (travelindex) – The International Air Transport Association (IATA) updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry. Owing to the severity of travel restrictions and the expected global recession, IATA now estimates that industry passenger revenues could plummet $252 billion or … Read more