(Mar 6): The novel coronavirus outbreak will cost the airline industry US$63 billion ($87 billion) to US$113 billion in lost revenue from passengers this year, the International Air Transport Association said as it revised an estimate for a US$30 billion loss made just two weeks ago.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe