LONDON - European airlines stepped up their warnings over the coronavirus outbreak on Friday, with British Airways-owner IAG and Finnair flagging a hit to profits and easyJet reporting a big drop in demand into and out of a virus-affected region in Italy.
A new coronavirus, which emerged late last year in China, has sent demand for travel tumbling in recent weeks as the outbreak has spread around the world, raising fears of a pandemic that could plunge the global economy into recession. IAG, which also owns Iberia and Aer Lingus, usually gives an earnings forecast at this time of year, but said the uncertainty over the impact and duration of the coronavirus outbreak meant it could not give accurate guidance at this stage.
This looks more like a Finnair commercial
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