Airlines beg for rescue as coronavirus hit soars to $250 billion

LONDON/PARIS (Reuters) - Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they doubled their estimate of 2020 revenue losses from the coronavirus crisis to more than $250 billion (213 billion pounds)."We clearly need massive action very quickly and urgently," Alexandre de Juniac, director general of the International Air Transport Association (IATA), told reporters.With planes unable to fly because of travel restrictions, compounded by a..