{"id":340741,"date":"2020-03-06T12:20:18","date_gmt":"2020-03-06T06:50:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340741"},"modified":"2020-03-06T12:20:18","modified_gmt":"2020-03-06T06:50:18","slug":"covid-19-could-cost-airlines-113-bn-in-2020-says-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-could-cost-airlines-113-bn-in-2020-says-iata\/","title":{"rendered":"Covid-19 could cost airlines $113 bn in 2020, says IATA"},"content":{"rendered":"<p>The airline industry could lose up to $113 billion in revenue this year due to the impact of the new coronavirus, an industry body warned today, as the epidemic spreads rapidly worldwide.<\/p>\n<p>The International Air Transport Association (IATA) estimated revenue losses to airlines\u2019 passenger business of between $63 billion and $113 billion \u2014 with the higher figure for a scenario where the virus spreads more widely.<\/p>\n<p>The more dire prediction amounts to a 19% loss in worldwide passenger revenues, IATA said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The airline industry could lose up to $113 billion in revenue this year due to the impact of the new coronavirus, an industry body warned today, as the epidemic spreads rapidly worldwide. The International Air Transport Association (IATA) estimated revenue losses to airlines\u2019 passenger business of between $63 billion and $113 billion \u2014 with the higher figure for a scenario where the virus spreads more widely. The more dire prediction amounts to a 19% loss in worldwide passenger revenues, IATA said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[224,130,150],"tags":[],"class_list":["post-340741","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=340741"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340741\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}