1. Airlines beg for rescue as virus hit soars to $25bn  RTE.ie
  2. Sweeping travel bans to cost airlines €230bn  The Irish Times
  3. Coronavirus: No extra help for airlines, chancellor says  BBC News
  4. [Coronavirus] Alexandre de Juniac (IATA): “The air transport industry is in its deepest crisis ever& ...  Aviation24.be
  5. Airlines more than doubles estimated hit from coronavirus to $250bn  The Irish Times
  6. View Full coverage on Google News
Global airlines have urged governments to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion.Global airlines have urged governments to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion.

Airlines beg for rescue as virus hit soars to $25bn

IATA ups revenue losses forecast from $113bn as airlines worldwide ground flightsIATA ups revenue losses forecast from $113bn as airlines worldwide ground flights

Sweeping travel bans to cost airlines €230bn

Rishi Sunak says bailing out airlines would be a "last resort" as the sector braces for a $252bn loss.Rishi Sunak says bailing out airlines would be a "last resort" as the sector braces for a $252bn loss.

Coronavirus: No extra help for airlines, chancellor says - BBC News

The figure is based on “severe travel restriction” lasting up to three months, followed be a gradually economic recovery later this year…The figure is based on “severe travel restriction” lasting up to three months, followed be a gradually economic recovery later this year…

New IATA estimate shows coronavirus could cost airlines $250 billion – Business Traveller

“On March the 5th - @IATA #IATA forecast passenger revenues losses for the #airline industry would be worse case scenario - $113 billion TODAY (19 days later) those losses could plummet $252 billion or 44% below 2019’s numbers. This is if severe #travel restrictions last for 3mths”

Aaron Heslehurst on Twitter: "On March the 5th - @IATA #IATA forecast passenger revenues losses for the #airline industry would be worse case scenario - $113 billion TODAY (19 days later) those losses could plummet $252 billion or 44% below 2019’s numbers. This is if severe #travel restrictions last for 3mths"

“Global airlines to lose $252bn in revenue as virus outbreak deepens crisis - @IATA issues warning for industry https://t.co/TWQv7W6aUz via @TheNationalUAE”

Mina Al-Oraibi on Twitter: "Global airlines to lose $252bn in revenue as virus outbreak deepens crisis - @IATA issues warning for industry https://t.co/TWQv7W6aUz via @TheNationalUAE"

“Massive numbers keep pouring in from @IATA : Airlines could lose $252 billion in 2020 sales due to the virus; Industry-wide traffic to drop 35% for 2020; Carriers will run out of cash before any recovery comes”

Anurag Kotoky on Twitter: "Massive numbers keep pouring in from @IATA : Airlines could lose $252 billion in 2020 sales due to the virus; Industry-wide traffic to drop 35% for 2020; Carriers will run out of cash before any recovery comes"

“As @lufthansa warns it will need govt support to survive #Coronavirus, the @IATA - which represents the world's airlines - estimates that bailouts worth up to $200bn will be needed by entire industry”

Tadhg Enright on Twitter: "As @lufthansa warns it will need govt support to survive #Coronavirus, the @IATA - which represents the world's airlines - estimates that bailouts worth up to $200bn will be needed by entire industry"

But International Air Transport Association chief Alexandre de Juniac warns help is needed urgently, saying: ‘We are running out of cash. Every day we are bleeding.’But International Air Transport Association chief Alexandre de Juniac warns help is needed urgently, saying: ‘We are running out of cash. Every day we are bleeding.’

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 44% below 2019’s figure. This is in a […]

[Coronavirus] Alexandre de Juniac (IATA): "The air transport industry is in its deepest crisis ever" - Aviation24.be

LONDON/PARIS - Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion.LONDON/PARIS - Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion.

Airlines beg for rescue as coronavirus hit soars to $250 billion

“Revenue loss of $250 bn in 2020 over 2019… which is a 44% decline over 2019… Before any recovery takes place, airlines may run out of cash,” said Brian Pearce, chief economist at IATA. Earlier, in February, IATA had estimated that global airlines would lose about $113 bn in revenues due to the Coronavirus pandemic.“Revenue loss of $250 bn in 2020 over 2019… which is a 44% decline over 2019… Before any recovery takes place, airlines may run out of cash,” said Brian Pearce, chief economist at IATA. Earlier, in February, IATA had estimated that global airlines would lose about $113 bn in revenues due to the Coronavirus pandemic.

Airline revenues in 2020 to go down by 44% over 2019: IATA - The Economic Times

“Revenue loss of $250 bn in 2020 over 2019… which is a 44% decline over 2019… Before any recovery takes place, airlines may run out of cash,” said Brian Pearce, chief economist at IATA. Earlier, in February, IATA had estimated that global airlines would lose about $113 bn in revenues due to the Coronavirus pandemic.

Airline revenues in 2020 to go down by 44% over 2019: IATA - The Economic Times

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IATA now expects the coronavirus outbreak to reduce airline revenues from passenger operations by $252 billion in 2020 – more than double its earlier worst-case-scenario estimate.IATA now expects the coronavirus outbreak to reduce airline revenues from passenger operations by $252 billion in 2020 - more than double its earlier worst-case-scenario estimate.

Airline passenger revenues to fall $252 billion in 2020 amid coronavirus: IATA | News | Flight Global

The International Air Transport Association (IATA), an airline trade body that represents around 290 airlines around the world, has more than doubled the estimated financial impact that the Covid-19 pandemic will wreak on global aviation. Previous worst-case guidance at the start of March warned airlines could see revenues drop by as much as $113 billion…

Airline Trade Body More Than Doubles Revenue Hit from Covid-19 Crisis to $252 Billion

In the wake of raging Covid-19 pandemic, The International Air Transport Association (IATA) estimates that industry passenger revenues could plummet $252 billion or 44% below 2019’s figure. This is in a scenario in which severe travel restrictions last for up to three months, followed by a gradual economic recoveryIn the wake of raging Covid-19 pandemic, The International Air Transport Association (IATA) estimates that industry passenger revenues could plummet $252 billion or 44% below 2019’s figure. This is in a scenario in which severe travel restrictions last for up to three months, followed by a gradual economic recovery

Travel restrictions are closing down international aviation, says IATA

COVID-19: Airlines keep cancelling flights as more countries effect full lockdownsCOVID-19: Airlines keep cancelling flights as more countries effect full lockdowns

Coronavirus: $252 billion loss estimate for global airlines | Aviation – Gulf News

Iata says industry is likely to face a 'deep' recession and the recovery from which will be gradualIata says industry is likely to face a 'deep' recession and the recovery from which will be gradual

Global airlines to lose $252bn in revenue as coronavirus outbreak deepens crisis - The National