Originally Posted by
tdracer
You may be right - thinking back that $18 Billion might have been
per week, not per month. I tried to find the article to confirm but was unsuccessful
From a
Forbes article last month, IATA trying to get government bailouts:
Mar 24, 2020,09:14am EDT
Airlines Face $252 Billion In Revenue Losses From Coronavirus, Swift Action On Bailouts Critical To Prevent Failures, IATA Says
Marisa Garcia Senior Contributor
The spread of coronavirus and the resulting closures of international routes will result in $252 billion in passenger revenue losses for the year, the International Air Transport Association said Tuesday. That’s more than double the revenue losses the a airline industry group
projected at the beginning of March.
While there has been a recovery in domestic air traffic in China, this is having no effect on international routes, even in Asia, where countries are restricting flights to prevent a rise in imported cases of coronavirus.
https://www.forbes.com/sites/marisag.../#3df423ea1447