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BRIEF-Middle East and Africa Airlines Have Lost $23 Bln Due To Coronavirus – IATA

Published 02/04/2020, 14:12
Updated 02/04/2020, 14:18

April 2 (Reuters) - INTERNATIONAL AIR TRANSPORT ASSOCIATION
(IATA):
* MIDDLE EAST AND AFRICA AIRLINES HAVE LOST $23 BILLION DUE
TO
CORONAVIRUS
* MIDDLE EAST AIRLINES HAVE LOST AN ESTIMATED $19 BILLION IN
REVENUE
* AFRICA AIRLINES HAVE LOST AN ESTIMATED $4 BILLION IN
REVENUE
* SOME OF THE IMPACTS AT NATIONAL LEVEL INCLUDE:
* SAUDI ARABIA: 26.7 MILLION FEWER PASSENGERS RESULTING IN A
$5.61
BILLION REVENUE LOSS, RISKING 217,570 JOBS AND $13.6 BILLION IN
CONTRIBUTION TO SAUDI ARABIA'S ECONOMY
* UAE: 23.8 MILLION FEWER PASSENGERS RESULTING IN A $5.36
BILLION
REVENUE LOSS, RISKING 287,863 JOBS AND $17.7 BILLION IN
CONTRIBUTION TO THE UAE'S ECONOMY
* EGYPT: 9.5 MILLION FEWER PASSENGERS RESULTING IN A $1.6
BILLION
REVENUE LOSS, RISKING ALMOST 205,560 JOBS AND AROUND $2.4
BILLION IN CONTRIBUTION TO THE EGYPTIAN ECONOMY
* QATAR: 3.6 MILLION FEWER PASSENGERS RESULTING IN A $1.32
BILLION
REVENUE LOSS, RISKING 53,640 JOBS AND $2.1BILLION IN
CONTRIBUTION TO QATAR'S ECONOMY
* JORDAN: 2.8 MILLION FEWER PASSENGERS RESULTING IN A $0.5
BILLION
REVENUE LOSS, RISKING 26,400 JOBS AND $0.8 BILLION IN
CONTRIBUTION TO JORDAN'S ECONOMY
* SOUTH AFRICA: 10.7 MILLION FEWER PASSENGERS RESULTING IN A
$2.29
BILLION REVENUE LOSS, RISKING 186,850 JOBS AND $3.8 BILLION IN
CONTRIBUTION TO SOUTH AFRICA'S ECONOMY
* NIGERIA: 3.5 MILLION FEWER PASSENGERS RESULTING IN A $0.76
BILLION REVENUE LOSS, RISKING 91,380 JOBS AND $0.65 BILLION IN
CONTRIBUTION TO NIGERIA'S ECONOMY
* ETHIOPIA: 1.6 MILLION FEWER PASSENGERS RESULTING IN A $0.3
BILLION REVENUE LOSS, RISKING 327,062 JOBS AND $1.2 BILLION IN
CONTRIBUTION TO ETHIOPIA'S ECONOMY
* KENYA: 2.5 MILLION FEWER PASSENGERS RESULTING IN A $0.54
BILLION
REVENUE LOSS, RISKING 137,965 JOBS AND $1.1 BILLION IN
CONTRIBUTION TO KENYA'S ECONOMY



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