Epidemic could cost airlines US$113b in lost revenues: Iata
This is three times its forecast just two weeks back; Flybe collapses, while Norwegian Air scraps profit forecast
Fri, Mar 06, 2020 - 5:50 AM
The failure of Flybe comes less than two months after a rescue deal for the firm was agreed.
THE coronavirus epidemic could cost passenger airlines up to US$113 billion in lost revenue this year, an industry body warned on Thursday, more than three times a projection it made just two weeks ago as the virus continues to spread around the world.