Airlines bearing the financial brunt of coronavirus calamity
Some carriers face calamity, scrapping from 25% to 80% of flights, and CEOs taking no salary while encouraging staff to take leave
10 March 2020 - 17:55
Seoul/Sydney — Airlines around the world sank deeper into crisis on Tuesday as the worsening coronavirus epidemic forced the cancellation of thousands of flights and led to the delaying of aircraft orders.
Some carriers face calamity, with Korean Air Lines warning the virus outbreak could threaten its survival after it scrapped more than 80% of its international capacity, grounding 100 of its 145 passenger aircraft...
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