Sat, 2020-03-14 01:13
GENEVA: If the coronavirus crisis lasts another two or three months, it could force carriers to collapse and spark more consolidation in the beleaguered airline industry, the International Air Transport Association (IATA) chief said.
Alexandre de Juniac, in an interview at IATA headquarters, said revenue losses would be “probably above” $113 billion that it estimated a week ago, before the Trump administration’s announcement of US travel curbs on much of continental Europe.
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