{"id":356501,"date":"2020-06-10T10:00:02","date_gmt":"2020-06-10T04:30:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356501"},"modified":"2020-06-10T10:25:51","modified_gmt":"2020-06-10T04:55:51","slug":"covid-19-impact-airlines-expected-to-lose-84-3-bn-in-2020-says-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-impact-airlines-expected-to-lose-84-3-bn-in-2020-says-iata\/","title":{"rendered":"Covid-19 impact: Airlines expected to lose $84.3 bn in 2020, says IATA"},"content":{"rendered":"<p>Global airlines body IATA said on Tuesday that airlines across the world are expected to lose $84.3 billion in 2020 due to the coronavirus (Covid-19) pandemic, calling it the &#8220;worst year&#8221; in the history of aviation. <\/p>\n<p>Even as the number of coronavirus cases continue to rise globally, various countries have restarted domestic and international air travel, albeit with precautions and in a curtailed manner. <\/p>\n<p>&#8220;Financially, 2020 will go down as the worst year in the history of aviation. On average, every day of this year will add $230 million to industry losses. In total that&#8217;s a loss of $84.3billion,&#8221; said Alexandre de Juniac, IATA&#8217;s Director General and CEO, in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global airlines body IATA said on Tuesday that airlines across the world are expected to lose $84.3 billion in 2020 due to the coronavirus (Covid-19) pandemic, calling it the &#8220;worst year&#8221; in the history of aviation. Even as the number of coronavirus cases continue to rise globally, various countries have restarted domestic and international air travel, albeit with precautions and in a curtailed manner. &#8220;Financially, 2020 will go down as the worst year in the history of aviation. On average, every day of this year will add $230 million to industry losses. In total that&#8217;s a loss of $84.3billion,&#8221; said [&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":[135,167,130],"tags":[],"class_list":["post-356501","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356501","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=356501"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356501\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}