Global airlines on high alert as virus outbreak spreads

Passengers wearing masks are seen at the terminal hall of the Beijing Capital International Airport, in Beijing, China January 23, 2020. REUTERS/Martin Pollard

Here’s an explainer on the airline industry’s response to the outbreak so far and its potential financial exposure compared to SARS in 2003, which killed nearly 800 people: WHAT IS THE EXPECTED FINANCIAL IMPACT ON AIRLINES? The biggest concern is a sharp drop in travel demand if the virus becomes a pandemic. During the height […]

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