IATA Projects $88B Revenue Hit For Asia-Pacific Airlines

aircraft
Japan’s passenger demand will be down 38%, and nearly 450,000 jobs could be lost in aviation, tourism and related sectors.
Credit: Joe Pries
IATA is highlighting estimates of severe financial losses for Asia-Pacific airlines as it reiterates the urgency of government action to support the industry. The industry group has listed forecasts for airline revenue losses, demand drops and resulting economic impact from COVID-19 for 27 Asia...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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