$200 billion in emergency aid needed for airlines: IATA

Up to $200 billion in emergency aid needed for airlines amid coronavirus pandemic: IATA

An airport security staff member wearing protective gear, amid concerns over the COVID-19 coronavirus outbreak, escorts passengers to a bus that will take them to their city, after arriving at Shanghai Pudong International Airport in Shanghai in March 19, 2020. Credit: AFP Photo

Up to $200 billion is needed to rescue the world's airlines during the coronavirus crisis, the global aviation association said Thursday, appealing especially to African and Middle Eastern countries to provide emergency assistance.

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"Support measures are urgently needed," the International Air Transport Association said in a statement, adding that "on a global basis, IATA estimates that emergency aid of up to $200 billion is required".