Coronavirus Threatens 25Mln Jobs Worldwide In Aviation Industry - IATA
Faizan Hashmi Published April 07, 2020 | 10:02 PM
Approximately 25 million jobs in the airline industry around the world are now under threat because of the novel coronavirus (COVID-19) pandemic, the International Air Transport Association (IATA) warned in a statement on Tuesday
WASHINGTON (UrduPoint News / Sputnik - 07th April, 2020) Approximately 25 million jobs in the airline industry around the world are now under threat because of the novel coronavirus (COVID-19) pandemic, the International Air Transport Association (IATA) warned in a statement on Tuesday.
"In a scenario of severe travel restrictions lasting for three months, IATA research calculates that 25 million jobs in aviation and related sectors are endangered across the world," the statement said.
The potential 25 million jobs that could be lost extend across all areas supported by the air transport sector, including jobs supported by the travels of tourists, the statement said.
"Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are 2.7 million airlines jobs," the statement said.
IATA represents some 290 airlines that carry 82 percent of global air traffic, the statement added.
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
Osaka seals first win on clay since 2022 in Madrid
Earthquake jolts Karachi
More Stories From Business
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
24 minutes ago -
Today Gold Rate in Pakistan 25 April 2024
49 minutes ago -
Meta profits soar but costs of AI cause worry
2 hours ago -
Mired in crisis, Boeing reports another loss
10 hours ago -
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
10 hours ago -
British-Pakistani firm unveils $35 million luxury apartments for overseas Pakistanis in Islamabad
11 hours ago
-
European stocks lose momentum after global rally
11 hours ago -
New pulses varieties imperative to cater domestic food requirements: Dr Khalid Hasan
12 hours ago -
CEO KP-EZDMC meets CRBC officials
12 hours ago -
Pakistan among nine poor countries that produces 90 percent cigarettes for world
13 hours ago -
Chief Minister Gilgit Baltistan Haji Gulbar Khan calls on Minister for Privatisation
13 hours ago -
Germany nudges up growth forecast, ailing economy at 'turning point'
13 hours ago