Live Update
From the Liveblog of
Thursday, April 30, 2020
UN air travel agency predicts 1.5 billion fewer flying in 2020
A UN agency regulating air travel predicts 2020 will end with 1.5 billion fewer passengers flying the friendly skies due to the coronavirus outbreak walloping the industry.
The International Civil Aviation Organization also predicts a $273 billion loss for carriers worldwide, with Europe alone accounting for over $100 million in lost revenue.
The numbers, which are calculated versus baseline predictions in which no coronavirus crisis would have occurred, are based on a worst case scenario in which global recovery is sluggish.
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