COVID-19: Airlines could face £87bn in lost revenue

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COVID-19: Airlines could face £87bn in lost revenue

By staff reporter 2020-03-06

The coronavirus epidemic could cost airlines some £87bn in lost revenue this year, according to the International Air Transport Association. This is over three times its projection made only a fortnight ago. This warning follows the collapse of embattled British regional carrier, Flybe.

Five new territories have reported cases of COVID-19 in the past 24 hours (Bosnia and Herzegovina, Gibraltar, Hungary, Slovenia and occupied Palestinian territory), as the global total reaches 95,333, 2,241 of which were in the last 24 hours.

In the UK, 5th March, 18,083 people have been tested, of which 115 were positive, with one fatality.

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