Money

Billions in losses and hundreds of thousands of jobs on the line as airline industry faces pandemic

Airlines will need immediate and direct financial support from the government if companies are to avoid insolvency and mass layoffs, IATA has advised.Billions in losses and hundreds of thousands of jobs on the line as airline industry faces pandemic
The IATA is urging countries in Asia and the Pacific to take urgent action to provide financial support to their airline industry. Thomas Dutour/Shutterstock
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Sangam Prasain
Published at : April 13, 2020
Updated at : April 13, 2020 09:06
Kathmandu

Sangam Prasain

Sangam Prasain is Business Editor at The Kathmandu Post, covering tourism, agriculture, mountaineering, aviation, infrastructure and other economic affairs. He joined The Kathmandu Post in October 2009.


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