Before Coronavirus: How the Travel Industry Overcame Its Five Biggest Crises
AltexSoft Travel
MARCH 20, 2020
Never before the travel industry has seen such a total standstill. Sadly, the pandemic is expected to result in: a loss of 50 million travel-related jobs worldwide; a 25 percent shrink of global travel; reduce in revenue at least by $113 billion for airlines (and this forecast was made before the closure of the North Atlantic market).
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