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Jordan, March 8, 2020
Airlines face $113 billion hit from coronavirus

Petra)-- Global airlines stand to lose $113 billion in sales if the coronavirus continues to spread, according to the International Air Transport Association.

The losses would be similar to those experienced by the aviation industry during the global financial crisis of 2008, IATA warned as it dramatically increased its estimate of the damage caused by the outbreak. It said airlines could lose 19 per cent of their business if the virus isn't contained soon.