ICAO predicts a drop of 1.5 billion passengers by the end of 2020 amid coronavirus outbreak
Shortpedia
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As the coronavirus pandemic has suffered the business of aviation sector amid lockdown, the International Civil Aviation Organization predicts a drop of 1.5 billion passengers by the end of 2020. Due to the extended travel bans amid the coronavirus pandemic, the forecast also states that international seat capacity could drop by nearly three-quarters, which will result in a loss of $273 billion.
