Saudi airlines are forecast to suffer the most among their Middle East peers due to travel restrictions caused by the corona pandemic, but the biggest impact on GDP and jobs will be in the UAE, the International Air Transport Association said in a report Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Saudi airlines’ lost passenger revenue in 2020 is estimated at $5.61 billion due to a 39% drop in passenger demand that may lead to 217,570 job losses and a $13.6-billion impact on GDP, IATA said. The UAE’s airlines will lose $5.36 billion due to 40% slump in passenger demand, which may lead to 287,863 job losses and a $17.7-billion impact on GDP, […]