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Airlines lose around $113 bn over nCoV, IATA calls ‘crisis unprecedented’

New Delhi: With coronavirus infections spreading to nearly 80 countries severely hurting the travel and tourism sector, global industry body International Air Transport Association (IATS) has estimated the combined revenue loss for airlines in the range of $63-113 billion. In its latest financial impact of novel Coronavirus (COVID-19) on airline sector, IATA now sees 2020 […]