IATA forecast (24-Apr-2020) the following impacts on Australia's aviation sector in 2020 due to the coronavirus outbreak:
- Change in passenger demand: -51%;
- Passenger demand impact: 50.5 million;
- Revenue impact: USD14.25 billion;
- Potential job losses: 362,100.
The estimates are based on a scenario of severe travel restrictions lasting for three months, with a gradual lifting of restrictions in domestic markets, followed by regional and intercontinental. [more - original PR]