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IATA: Middle East and Africa airlines revenue losses mount
Urgent Government support required
The International Air Transport Association strengthened its call for urgent action from governments in Africa and the Middle East to provide financial relief to airlines as the latest IATA scenario for potential revenue loss by carriers in Africa and the Middle East reached US$23 billion (US$19 billion in the Middle East and US$4 billion in Africa). This translates into a drop of industry revenues...
AVIONEWS - World Aeronautical Press Agency