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Airlines grim as trade group sees potential US$113b hit from virus

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Airlines face a revenue hit of up to US$113 billion in 2020 due to coronavirus, a trade group warned on Thursday, as more consumers cancel trips due to the outbreak.

[NEW YORK] Airlines face a revenue hit of up to US$113 billion in 2020 due to coronavirus, a trade group warned on Thursday, as more consumers cancel trips due to the outbreak.

In a new assessment of the impact, the International Air Transport Association (IATA) estimated revenue losses...

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