Foxconn, Maersk, Air France-KLM warn on Wuhan coronavirus impact - Business Insider

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A shipping titan, a global airline, and Apple's main iPhone supplier just sounded the alarm on coronavirus

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AP Moller-Maersk, Air France-KLM, and Foxconn issued dire warnings about Wuhan coronavirus on Thursday. Shipping giant Maersk said the epidemic has "significantly lowered visibility" and anticipates a 4% drop in profits this year. Global airline Air-France KLM expects the outbreak to slash its operating profits by up to $216 million between February and April.Visit Business Insider's homepage for more storiesA shipping titan, a global airline, and Apple's main iPhone supplier are all sounding the alarm on Wuhan coronavirus.

 

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Coronavirus impact on US travel industry and airlines - Business InsiderChinese travelers represented 7% of all visitors to the US in 2019 and 16% of visitor spending. The economic impact is forecast to be worse than SARS. that's ok. happy to take the hit. Devastating. Particularly on top of the Trump slump. Who'd want to go to an America that is such a hostile environment, anyway?
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