Aviation Coronavirus impact: Asia-Pacific airlines could lose $27.8 billion, says IATA Updated : February 21, 2020 11:35 AM IST Airlines in China's domestic market alone are estimated to lose around $12.8 billion in revenues. Carriers outside the Asia-Pacific region are seen suffering $1.5 billion in losses. The estimate is based on projections of a 13-percent full-year decline in passenger demand, mostly in China, IATA said. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.