{"id":386147,"date":"2020-11-25T12:25:05","date_gmt":"2020-11-25T06:55:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386147"},"modified":"2020-11-25T12:25:05","modified_gmt":"2020-11-25T06:55:05","slug":"coronavirus-crisis-to-cut-airline-2020-revenues-60-iata","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coronavirus-crisis-to-cut-airline-2020-revenues-60-iata\/","title":{"rendered":"Coronavirus crisis to cut airline 2020 revenues 60%: IATA"},"content":{"rendered":"<p>Airline revenue this year will plunge 60 percent as a result of the coronavirus pandemic which threatens the survival of the industry, the International Air Transport Association (IATA) said Tuesday.<\/p>\n<p>\u201cThe Covid-19 crisis threatens the survival of the air transport industry,\u201d with 2020 likely to go down in history as its \u201cworst\u201d year ever, IATA said.<\/p>\n<p>It said that while airlines have been slashing costs by $1 billion a day, grounding fleets and cutting jobs, they are still racking up huge and \u201cunprecedented\u201d losses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airline revenue this year will plunge 60 percent as a result of the coronavirus pandemic which threatens the survival of the industry, the International Air Transport Association (IATA) said Tuesday. \u201cThe Covid-19 crisis threatens the survival of the air transport industry,\u201d with 2020 likely to go down in history as its \u201cworst\u201d year ever, IATA said. It said that while airlines have been slashing costs by $1 billion a day, grounding fleets and cutting jobs, they are still racking up huge and \u201cunprecedented\u201d losses.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-386147","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386147","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=386147"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386147\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}