{"id":343891,"date":"2020-03-28T10:43:59","date_gmt":"2020-03-28T05:13:59","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=343891"},"modified":"2020-03-28T10:43:59","modified_gmt":"2020-03-28T05:13:59","slug":"airports-in-asia-pacific-region-stare-at-usd-5-6-billion-loss-in-first-quarter-aci","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airports-in-asia-pacific-region-stare-at-usd-5-6-billion-loss-in-first-quarter-aci\/","title":{"rendered":"Airports in Asia-pacific region stare at USD 5.6 billion loss in first quarter: ACI"},"content":{"rendered":"<p>MUMBAI: The airport industry is expected to report USD 5.6 billion loss in the first quarter following a traffic volume loss of about 1.5 billion passengers in the Asia-Pacific region due to prolonged duration of coronavirus outbreak, Airports Council International said on Friday.<\/p>\n<p>&#8220;Taking into account the rapid developments, ACI estimates place the first quarter loss in Asia-Pacific in the range of USD 5.6 billion, almost double earlier estimates, a large portion of which comes from the contraction in traffic as well as non-aeronautical revenue.<\/p>\n<p>&#8220;The impact on the Middle East will generate a loss of approximately USD 1 billion for the first quarter and at least double for the full year,&#8221; the global grouping said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The airport industry is expected to report USD 5.6 billion loss in the first quarter following a traffic volume loss of about 1.5 billion passengers in the Asia-Pacific region due to prolonged duration of coronavirus outbreak, Airports Council International said on Friday. &#8220;Taking into account the rapid developments, ACI estimates place the first quarter loss in Asia-Pacific in the range of USD 5.6 billion, almost double earlier estimates, a large portion of which comes from the contraction in traffic as well as non-aeronautical revenue. &#8220;The impact on the Middle East will generate a loss of approximately USD 1 billion [&hellip;]<\/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":[208,130,143],"tags":[],"class_list":["post-343891","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343891","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=343891"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343891\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}