Catastrophic losses facing airlines in the Middle East .. Official data from IATA

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Catastrophic losses facing airlines in the Middle East .. Official data from IATA

Reuters

            
            
                    Pierre Albouy

The Vice President of the International Air Transport Association said that the airlines in the Middle East are facing a liquidity crisis, calling on governments to consider urgently providing assistance to airlines in the Middle East and Africa.

The Deputy Chairman of the International Air Transport Association “IATA”, in a press statement, said today, Thursday, that Saudi Arabia may lose 16 million passengers and $ 3.1 billion in basic revenues and more than 140 thousand jobs in the aviation sector are threatened by Corona.

He also indicated that nearly 20,000 jobs in the aviation sector in Kuwait may be lost due to Corona.

He added that Corona cost Bahrain basic revenues of $ 200 million, and could result in the loss of 5,000 jobs.

The Vice President said that the UAE may lose 13.6 million passengers and basic revenue of $ 2.8 billion, and there are 163,000 jobs in the aviation sector threatened by Corona.

Source: Reuters



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