Major American companies are reeling from coronavirus

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

A growing number of major American companies — including United Airlines and Mastercard — are saying coronavirus is hurting their business.

Late Monday, United Airlines announced that it has suspended flights between the United States and four destinations in China, routes that represent approximately 5% of the company's planned capacity, because of the virus.The airline said near-term demand for flights to China has fallen to near zero, and the demand for flights to the rest of its trans-Pacific routes has declined 75%.

"The canceled flights were between the United States and Beijing, Chengdu, Shanghai and Hong Kong will be suspended through April 24. United said that despite these"short-term" issues, the company believes"it will be in a strong position to deliver earnings growth in 2021 and beyond."Also on Monday, Mastercard updated its first quarter and full year 2020 revenue outlook, also because of the impact of the Coronavirus.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We are worried about our relatives in China and also our lives but you people are only worried on business and profits! Savage

Cool lower your f'n prices

This soon-to-be pandemic is going to globally hurt the international economy.....including the U.S.....China should be held accountable for its gross negligence at the beginning of the spread where it was initially more important to shoot the messenger rather than take action.

PURTROPPO è UN VIRUS NON ANCORA IDENTIFICATO DOBBIAMO TUTTI QUANTI DI METTERE IN SICUREZZA OGNI MEZZO DI TRASPORTO E TUTTELA DEI VIAGGIATORI E DELL'ECONOMIA DI OGNI COMPAGNIA AEREA , NAVALE E TRASPORTI

Ya think.

As usual, profits are more important than people.....smh

THE corona virus bub.

They all love ripping us off when they want, now they can suck it..

instead of only tweeting about the coronavirus 25/7 maybe you should do something about it

People are dying!

Oh the world economy has seen nothing yet...

Now now they will be fine by April 'the heat will take care of it'

It’s only just begun.

Of course it will hurt them. Why don't they channel their resources into finding a cure rather than spreading the virus all over. When we stop thinking of only ourselves and pockets then can we save humanity .

It's. A. Bio-weapon.

Doesnt that make them sinophobic...or something?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines