Topics: IATA

COVID19 Update: US announces $58 billion aid to avoid airline industries bankruptcies

Governments stepped up efforts on Thursday to help airlines hammered by a virus-induced travel slump, with the United States offering $58 billion in aid,...

IATA: Asian airlines can lose $27.8 billion in revenue due to coronavirus outbreak

Airlines in the Asia-Pacific region stand to lose $27.8 billion (£21.6 billion) of revenue this year as they slash flights due to declining demand...