Coronavirus: Middle East airlines revenue losses ‘set to reach $19bn’ – Middle East Eye

Coronavirus: Middle East airlines revenue losses ‘set to reach $19bn’ – Middle East Eye

The International Air Transport Association calls for government intervention as it warns 800,000 jobs at risk in the region. Among major carriers in the Middle East, Emirates, Flydubai and Saudia, Saudi Arabia's state airline, have all suspended scheduled passenger flights (Reuters). At least 23.8 million fewer passengers resulting in a $5.36bn revenue loss, putting 287,863 jobs at risk and the loss of $17.7bn in contributions to the UAE's economy.. An estimated 9.5 million fewer passengers amounting to a $1.6bn revenue loss, risking almost 205,560 jobs and around $2.4bn in contributions to the Egyptian economy..