{"id":348163,"date":"2020-04-25T10:11:07","date_gmt":"2020-04-25T04:41:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348163"},"modified":"2020-04-25T10:33:12","modified_gmt":"2020-04-25T05:03:12","slug":"airlines-allied-sectors-likely-see-revenues-losses-of-over-rs-1100-core-iata-analysis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airlines-allied-sectors-likely-see-revenues-losses-of-over-rs-1100-core-iata-analysis\/","title":{"rendered":"Airlines, allied sectors likely see revenues losses of over Rs 1100 core: IATA analysis"},"content":{"rendered":"<p>Indian airlines and allied sectors could be staring at revenue losses to the tune of Rs 1122.1 crore as there is a degrowth of 47 per cent change in passenger demand on a year-on-year (YoY). On Friday, the International Air Transport Association (IATA) released an updated analysis showing that the Covid-19 crisis. The apex body also stated that this loss could cost jobs of over 29.32 lakh people. <\/p>\n<p>The latest estimates from the IATA also indicated a worsening in the Asia Pacific region. Airlines in Asia Pacific will see the largest revenue drop of US$113 billion in 2020 compared to 2019 (-US$88 billion in 24 March estimate), and a 50 per cent fall in passenger demand in 2020 compared to 2019 (-37% in 24 March estimate).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian airlines and allied sectors could be staring at revenue losses to the tune of Rs 1122.1 crore as there is a degrowth of 47 per cent change in passenger demand on a year-on-year (YoY). On Friday, the International Air Transport Association (IATA) released an updated analysis showing that the Covid-19 crisis. The apex body also stated that this loss could cost jobs of over 29.32 lakh people. The latest estimates from the IATA also indicated a worsening in the Asia Pacific region. Airlines in Asia Pacific will see the largest revenue drop of US$113 billion in 2020 compared to [&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":[130],"tags":[],"class_list":["post-348163","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348163","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=348163"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348163\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}