Can World Airlines survive coronavirus almost all flights have been grounded thousands of aircraft and multiple governments are now promising bailouts to keep the industry in the skies that will that be enough this is inside story. Hello and welcome to the program on peace adobe will leaders are being forced to take drastic emergency measures to confront the worsening Coronavirus Crisis that meant to keep people alive but they are killing the Global Economy with lockdowns in place around the world millions of people are being laid off Tourism Industries are already critical Consumer Spending has crashed so to stock markets and oil prices billions of dollars worth of perishable products have also been destroyed but few industries have been hit as hard as the aviation world the International Air transport association i oughta says the industry stands to lose more than 250000000000. 00 in revenue this year and thats assuming things recover in 3 months singapore emirates and Turkish Airlin
Can World Airlines survive coronavirus almost all flights have been grounded thousands of aircraft and multiple governments are now promising bailouts to keep the industry in the skies that will that be enough this is inside story. Hello and welcome to the program on peace adobe will leaders are being forced to take drastic emergency measures to confront the worsening Coronavirus Crisis that meant to keep people alive but they are killing the Global Economy with lockdowns in place around the world millions of people are being laid off Tourism Industries are already critical Consumer Spending has crashed so to stock markets and oil prices billions of dollars worth of perishable products have also been destroyed but few industries have been hit as hard as the aviation world the International Air transport association i oughta says the industry stands to lose more than 250000000000. 00 in revenue this year and thats assuming things recover in 3 months singapore emirates and Turkish Airlin
Resilient the coronavirus india grapples with the Financial System riddled with back that its been an easy according the middle of a crisis. Counting the cost on just b. Of a. Can World Airlines survive coronavirus almost all flights have been grounded thousands of aircraft and multiple governments are now promising bailouts to keep the industry in the skies but will that be enough this is inside story. Hello and welcome to the program on peace adobe World Leaders are being forced to take drastic emergency measures to confront the worsening Coronavirus Crisis that meant to keep people alive but they are killing the Global Economy with lockdowns in place around the world millions of people are being laid off Tourism Industries are already critical Consumer Spending has crashed so to have stock markets and oil prices billions of dollars worth of perishable products have also been destroyed but few industries have been hit as hard as the aviation world the International Air transport asso
Life difficult for millions of people in chile. 400 hours g. M. T. Which is 6 pm in the United Arab Emirates which is Just Announced a large stimulus plan to help ease the economic fallout from the coronavirus but there is a big casualty as well one of the worlds Biggest Airlines emirates based in dubai will suspend all passenger flights from wednesday theyve Just Announced it on their twitter page 25th of march 2020 cargo will continue they call it a painful but pragmatic move to give you an idea this is where emirates flies to gosh i had it they remember thats their destinations all over the world looking at Something Like a 100 and huge and 30150 destinations 270 planes 3500 flights a week said this. Its just going to be a have a huge impact i think on the aviation what im going to talk more about that a little bit later also i want to look at spain where nearly 400 people are reported to have died in the past 24 hours. And indonesia singapore thailand all reporting new infections a
Shuts down passengers this is for its Emirates Airlines one of the Worlds Largest to fall victim to the Economic Impact of the pandemic. Saying good bye a team of cuban doctors head off to help treat patients and its only. The human and Economic Cost of the coronavirus pandemic is mounting by the hour as the outbreak continues to sweep around the world the latest news were getting now is that Turkish Airlines is holding almost all of their International Flights were going to continue to cover that story but in the meantime in europe the epicenter of the crisis spain has extended the state of emergency until april the 11th after seeing nearly 400 more deaths thats up a 3rd in 24 hours the worst affected. Country italy is tightening restrictions that day after its single biggest surge in fatalities and the financial fallout is getting worse the dubai based carrier emirates one of the worlds Biggest Airlines has announced significantly scaling back passenger flights from wednesday jobs wo