Cuts in revenues, demand in airlines
KUALA LUMPUR: The Covid-19 crisis will see airline passenger revenues dropping by $314 billion in 2020, a 55 per cent decline compared to 2019, according to the International Air Transport Association (IATA) in its latest updated analysis on the sector. On March 24, IATA estimated the sector will lose $252 billion in revenues (- 44 […]
