Deadly Impact of COVID-19 Pandemic due to travel restrictions in aviation industry

Impact due to resulting travel restriction in flights by COVID-19 Pandemic will be one really hard to handle for all of us.
Government from all around the world has made it clear for airlines to return back the fare or the airlines tickets to the respective buyers. But some of the airlines has changed it into travel vouchers. Clever ain’t it!

impact travel restrictions due to pandemic airlines American airlines

What does IATA data says on the impact?

A data given on 5th of March , 2020 by the reputed International Air Transport Association estimats that the loss for the American Airline Indsutry will be somewhere close to USD$63 Billion to $113 billion in revenues.

What Analyst say about restriction due to pandemic?

Analyst expects reduction in sizes of the fleets of all the major Airlines in the world. Some of the biggest airlines in America namely, Delta , American Airlines and some few will be able to bear this tide and carry on the function but other small airlines will be forced to file for bankrupt.