Global airlines may lose up to US$113bil in revenue


IATA CEO Alexandre de Juniac speaks during Qatar aviation conference, in Doha, Qatar, yesterday. - Reuters

PETALING JAYA: The International Air Transport Association (Iata) has warned that airlines could lose US$63bil to US$113bil in revenue for passenger traffic this year as coronavirus (Covid-19) spreads globally.

This forecast came just hours after British-Flybe collapsed.

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