For airlines, China boom now exposes them to risk as coronavirus slams market

). About 450 million more passengers fly to, from and within China per year compared with a decade ago, according to the IATA.

Mike Boyd, head of U.S.-based aviation consultancy Boyd Group International, said that he had forecast airport traffic in China to rise 8.1% in 2020, but that he now sees traffic growing at less than half that rate.Cathay Pacific, already battered by a fall in demand because of anti-government protests in its home market of Hong Kong, said on Tuesday evening it would cut flights to mainland China by 50% or more through the end of March.

During the time of Lunar New Year, the Spring festival of China, a deadly outbreak of the coronavirus has emerged in the city of Wuhan. The question then arises,'What is the coronavirus? How dangerous is it?.' Facts Coronavirus Health Epidemic

With recycled air and the claims the virus can be spread before symptoms are displayed, aren't flights in and out still posing a huge risk for all countries?

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kobe Bryant's winning skills captivated fans in the NBA's huge China marketKobe Bryant captivated fans in China, a massive market for the NBA. “The Lakers player wearing No. 24 caught my attention right away, because he was taking on all five players from the other team by himself!” one fan remembers. In China? ( The basket would only be 2 feet off the ground then?)
Source: latimes - 🏆 11. / 82 Read more »