Mideast airlines out $7.2 billion so far as flights scrapped
Airlines have already lost more than $7 billion as the coronavirus tears through the Middle East.
Due to a devastating decline in demand for flights amid the fast-spreading coronavirus, airlines in the Middle East have already lost more than $7 billion in revenue, the largest industry body said Thursday.
The International Air Transport Association, which represents some 290 airlines in 120 countries, says “Revenues are plummeting — outstripping the scope of even the most drastic cost containment measures.”
