Home » News » Coronavirus epidemic could cause losses of almost US $ 30,000 million to airlines

Coronavirus epidemic could cause losses of almost US $ 30,000 million to airlines

AFP.

The net drop in the number of passengers compared to 2019 could be 8.2% in 2020 in the Asia-Pacific region, Iata estimates.

In China alone, the losses could reach $ 12.8 billion.Bloomberg


The epidemic of the new coronavirus could cause losses of almost 30,000 million dollars for the airlines around the worldor, of that amount almost half would suffer the Chinese market, estimated Thursday the International Air Transport Association (Iata).

In total, the losses could amount to $ 29.3 billion globally.

The net drop in the number of passengers compared to 2019 could be 8.2% in 2020 in the region Pacific Asia, estimate the association.

For the first time since the financial crisis of 2008/2009, air reservations could suffer a setback worldwide, according to the Iata

“In that scenario, this would result in a loss of revenue of $ 27.8 billion in 2020 for carriers in the region,” Asia-Pacific, the statement said.

(Context: Coronavirus will affect Coca-Cola sales).

Only in China, the losses could reach 12.8 billion dollars.

The year 2020 “will be a very difficult year for airlines,” said Iata CEO Alexandre de Juniac.

“Stopping the spread of the virus is the absolute priority,” insisted the manager.

Several airlines, such as British Airways, Delta, Lufthansa, Air France or Air Canada They have canceled their return to mainland China because of the health crisis. Air France-KLM It estimates the losses, between January and April, in the order of 150 to 200 million dollars.

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2020-02-21T23: 02: 09-05: 00

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2020-02-21T23: 02: 09-05: 00

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AFP.

Economy

Coronavirus epidemic could cause losses of almost US $ 30,000 million to airlines

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