Coronavirus: Nigeria’s int’l ticket sales drop by 50%

Travel agencies have recorded about 50 per cent drop in sale of ticket and reservations on international routes since the outbreak of COVID-19.

The President, National Association of Nigeria Travel Agencies, Mr Bankole Bernard, told our correspondent that the drop in sales rose from less than 20 per cent to 50 per cent in the last few days when the virus spread to more countries and the United States placed a ban on flights from about 26 European countries.

“Drop in sales is now at 50 per cent; airlines are cancelling flights to affected areas, and when there are no bookings, airlines cannot fly empty planes. Only few airlines with deep pockets are surviving this period.” IATA in its analysis of the financial impact of the novel coronavirus last week said there would be global revenue losses for the passenger business of between $63bn in a scenario where COVID-19 is contained and $113bn in a scenario with a broader spread.

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