Global airport revenue estimated to lose $97bn in 2020

Global passenger traffic is expected to see a decrease of 4.6 billion travelers in 2020, while the loss in total global airport revenue is set to come in at $97bn, according to trade association Airports Council International (ACI) World.

The second quarter is set to see a loss of some 2 billion in global passenger traffic and worldwide global airport revenue losses of $39.2bn.

The forecast shows the need for government assistance for airports to preserve essential operations and protect jobs, the organization says.

Last week, ACI World and the International Air Transport Association (IATA) came together to call for urgent tax relief and direct financial