The JetBlue Airways logo is seen on a revolving door entering John F. Kennedy Airport in the Queens borough of New York U.S., Jan. 24, 2017.U.S. budget carrier JetBlue Airways Corp, online travel agency Booking Holdings Inc and at least two hotel owners abandoned their financial outlook on Monday as travel demand takes a hit from the coronavirus outbreak.
An industry body last week estimated that the outbreak could lower passenger revenue globally for airlines by as much as $113 billion this year.JetBlue, which pulled its first-quarter and 2020 earnings forecast, said it was adjusting schedules between March and early May and was considering more flight cancellations.
Host Hotels and Resorts Inc, one of the largest owners of luxury and upper-upscale hotels in the United States, as well as smaller peer Sotherly Hotels Inc also retracted their 2020 financial outlook amid a number of corporate group cancellations. The carrier was considering voluntary time-off programs for employees, delaying some hiring and increasing the frequency with which it cleans aircraft.