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On March 24, IATA estimated $252 billion in lost revenues (-44% vs. 2019) in a scenario with severe travel restrictions lasting three months.

Passenger revenues of airlines will decline 55% in 2020 compared to 2019: IATA

15 April 2020 11:42 AM IST

April 15: The International Air Transport Association (IATA) released an updated analysis showing that the COVID-19 crisis will see airline passenger...