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U.N. aviation agency ICAO forecasts $4-5 billion hit to first quarter airline revenue from virus

FILE PHOTO: El Alto Airport workers wearing protective masks are seen following the outbreak
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SINGAPORE (Reuters) - The U.N.'s International Civil Aviation Organization (ICAO) forecast global airline revenue could fall by $4 billion (£3.1 billion) to $5 billion in the first quarter due to flight cancellations linked to the coronavirus outbreak, it said in a statement.The Montreal-based agency said on Wednesday the virus was expected to have a greater industry impact than that caused by..
Date Published: Feb 14, 2020
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