ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Coronavirus to cause $27.8bn revenue loss for Asian carriers: IATA

Global loss would be $29.3bn with demand set to fall for first time since 2009

Chinese airlines are set to bear the brunt of lost revenues caused by the coronavirus outbreak.   © Reuters

NEW YORK -- The new coronavirus outbreak will result in revenue losses of $27.8 billion in 2020 to airlines in the Asia-Pacific region in 2020, nearly half of them Chinese carriers, the International Air Transport Association said on Feb. 20.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more