Friday, March 27, 2020

Airline Industry Could Lost 80% of International Travel Next 9 Months

Coronavirus could cost airlines at least 650 million passenger trips, because of Coronavirus, over the next nine months. This is a drop of 80 percent previously expected, according to Juniper Research. 


Significantly, after modeling both medium-impact and high-impact scenarios, Juniper Research now believes a low impact is now not possible.

The high impact scenario assumes that a severe disruption to international travel will continue for nine months, with travel restrictions and a reduced demand for international travel continuing.

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