{"id":343315,"date":"2020-03-25T10:24:09","date_gmt":"2020-03-25T04:54:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343315"},"modified":"2020-03-25T10:24:09","modified_gmt":"2020-03-25T04:54:09","slug":"airline-revenues-in-2020-to-go-down-by-44-over-2019-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airline-revenues-in-2020-to-go-down-by-44-over-2019-iata\/","title":{"rendered":"Airline revenues in 2020 to go down by 44% over 2019: IATA"},"content":{"rendered":"<p>NEW DELHI: Airline revenues globally in 2020 is set to decline by 44% in revenues over 2019, as airlines ground flights due to poor passenger demand and countries closing borders to control the spread of Coronavirus, the International Air Transport Association (IATA)<\/p>\n<p>\u201cRevenue loss of $250 bn in 2020 over 2019\u2026 which is a 44% decline over 2019\u2026 Before any recovery takes place, airlines may run out of cash,\u201d said Brian Pearce, chief economist at IATA.<\/p>\n<p>Earlier, in February, IATA had estimated that global airlines would lose about $113 bn in revenues due to the Coronavirus pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Airline revenues globally in 2020 is set to decline by 44% in revenues over 2019, as airlines ground flights due to poor passenger demand and countries closing borders to control the spread of Coronavirus, the International Air Transport Association (IATA) \u201cRevenue loss of $250 bn in 2020 over 2019\u2026 which is a 44% decline over 2019\u2026 Before any recovery takes place, airlines may run out of cash,\u201d 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.<\/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":[192,130,136],"tags":[],"class_list":["post-343315","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343315","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=343315"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343315\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}