IATA forecast (24-Apr-2020) the following impacts on New Zealand's aviation sector in 2020 due to the coronavirus outbreak:
- Change in passenger demand: -50%;
- Passenger demand impact: -12.9 million;
- Revenue impact: USD3.4 billion;
- Potential job losses: 170,100.
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]