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Airlines set to lose $84 bn as coronavirus pandemic reduces revenue by half

Airlines are set to lose $84 billion, as the coronavirus pandemic reduces revenue by half, to mark the worst year in the sector's history, the International Air Transport Association (IATA) forecast on Tuesday. With most of the world's airliners currently parked, IATA said revenue would likely fall to $419 billion from $838 billion last year. Watch the video for more.