Urgent emergency support requested for airlines: IATA – ZAWYA

  • Date: 19-Mar-2020
  • Source: Zawya
  • Sector:Transport
  • Country:Bahrain
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Urgent emergency support requested for airlines: IATA – ZAWYA

Many routes have been suspended in Africa and Middle East and airlines have seen demand fall by as much as 60% on remaining ones.. Due to flight bans as well as international and regional travel restrictions, airlines' revenues are plummeting-outstripping the scope of even the most drastic cost containment measures.. "Several governments in Africa and the Middle East have already committed national aid for COVID-19 including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Egypt, Nigeria and Mauritius.. International bookings in Africa are down roughly 20% in March and April, domestic bookings have fallen by about 15% in March and 25% in April, according to the latest data. South Africa: Consistent with the 'Extensive Spread' Scenario we published on 5 March, the disruptions from COVID-19 could result in 6M loss in passenger volumes and US$1.2 billion loss in base revenues in South Africa.. The disruptions to air travel could also put at risk over 102,000 jobs in the country.. If the situation spreads further, approximately 1.6 million passengers and US$320 million of revenues can be lost.. So far, international bookings in the Middle East are down 40% year-over-year in March and April, 30% year-over-year in May and June.. Kuwait: Consistent