{"id":344018,"date":"2020-03-28T11:41:51","date_gmt":"2020-03-28T06:11:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344018"},"modified":"2020-03-28T12:16:46","modified_gmt":"2020-03-28T06:46:46","slug":"airports-in-asia-pacific-region-stare-at-5-6-billion-loss-in-first-quarter-due-to-covid-19-says-aci","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airports-in-asia-pacific-region-stare-at-5-6-billion-loss-in-first-quarter-due-to-covid-19-says-aci\/","title":{"rendered":"Airports in Asia-pacific region stare at $5.6 billion loss in first quarter due to COVID-19, says ACI"},"content":{"rendered":"<p>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>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 for [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-344018","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344018","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=344018"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344018\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}