IATA: Indonesia could lose more than 45m pax in 2020 due to coronavirus

    IATA forecast (03-Apr-2020) the following impacts on Indonesia‘s aviation sector in 2020 due to the coronavirus outbreak:

    • Change in passenger demand: -33% year-on-year;
    • Passenger demand impact: -45.35 million origin-destination passengers;
    • Revenue impact: USD6.4 billion;
    • Potential job losses: 1.57 million;
    • Potential GDP impact: USD8.9 billion.

    The predictions are based on a scenario where severe restrictions on travel are lifted after three months, followed by gradual recovery.