You are here

WUHAN VIRUS OUTBREAK

Airlines face steep drop in earnings from virus spread, but will bounce back: reports

During 2003 Sars crisis, monthly international passenger traffic returned to pre-outbreak levels within nine months

BT_20200131_FLAIRLINE31_4020478.jpg
Many airlines have scrambled to suspend or cancel flights, and to reduce the frequency of some routes to China in view of falling demand.

Singapore

MUCH like during the Sars (severe acute respiratory syndrome) outbreak in 2003, airlines now face risks from the global spread of the Wuhan coronavirus, S&P Global Ratings said in a report on Thursday.

However, the International Air Transport Association (Iata) noted...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes