The Limited Times

European companies risk -76 billion dlr

3/26/2020, 4:18:52 PM


European companies are likely to lose $ 76 billion in revenues and passenger demand is estimated to drop 46% from 2019 levels. (ANSA)

(ANSA) - ROME, MAR 26 - European companies risk losing $ 76 billion in revenues and passenger demand is estimated to drop by 46% compared to 2019 levels. This is the last scenario outlined by IATA, the international association air transport, which strengthens its appeal to European governments to implement urgent action. A decline of this magnitude - he warns - puts about 5.6 million jobs at risk and $ 378 billion in Pilsus, supported by air transport.