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Aviation body calls for more government support as Asia-Pacific airports face uphill struggle in second quarter amid Covid-19
Airports in the Asia-Pacific region face an uphill struggle in the second quarter of 2020 as they grapple with bigger black holes in their budgets, an aviation body has warned, while calling for more state support.Airports Council International (ACI) Asia-Pacific has revised the revenue loss facing airports to US$29.4 billion (HK$227.9 billion) in 2020, up by a quarter on earlier estimates. Airports in the region are facing a total revenue shortfall of 60 per cent, compared with normal times…
Read the original article at South China Morning Post