Coronavirus Epidemic Puts Some Global Airlines on the Brink

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China’s rise to the world’s second-busiest aviation market has left airlines badly exposed to major disruption there

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HONG KONG—Airlines around the world are counting the cost of the coronavirus that has led to thousands of China flights being canceled, with several Asian airlines teetering on the brink of ruin if the nation’s shutdown persists.

Many carriers have taken emergency measures in hope of offsetting expected losses resulting from the continuing slump in global traffic. In Hong Kong, Cathay Pacific Airways Ltd.—already feeling the impact of the city’s antigovernment protests—has asked all its staff to take three weeks’ unpaid leave,...

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Thanks a lot China❗ Major exporter, food, matetials, technology.. and now, viruses❓ Looks like the portfolio is expanding

Engaging with a regime that lies and that doesn't value lives is obviously perilous. Business leaders & ppl just got too complacent for too long & have stepped deeper & deeper into this mess of trading with the tyrant. Disengagement w/China asap is the solution.

Finally....been talking about this for weeks

YEARS AGO IT WOULD HAVE BEEN A CRIME TO INVEST INTO OUR ENEMY LAND : SOVIET UNION .Now we put our heads on the Chinese chopping block .WHICH ONE OF US IS CRAZY ,IS INSANE : our 'leaders' OR US ?

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