ICAO expects global air travel to reduce by 1.5b passengers, loss of $273 billion

The International Civil Aviation Organisation popularly referred to as ICAO has issued its first complete 2020 air passenger forecast study, revealing that airlines may be faced with 1.5 billion fewer international air travellers this year. In parallel, international seat capacity could drop by almost three-quarters, resulting in a 273 billion dollar loss compared to previously […]

The post ICAO expects global air travel to reduce by 1.5b passengers, loss of $273 billion appeared first on East African Business Week.

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