The International Air Transport Association logo is seen at the International Tourism Trade Fair ITB in Berlin, Germany. March 7, 2018.
Global air traffic will be reduced by 4.7 percent for the year, marking the first overall decline in such demand since the financial crisis of 2008 and 2009, IATA said in a statement. How profits will be affected was still unclear, it said. International airlines including British Airways, Germany’s Lufthansa, Australia’s Qantas and the three largest US airlines have suspended flights to China, in some cases until late April or May.Travel restrictions inside China and fear of the illness have devastated demand for domestic flights in the fast-growing China market.
Same game, all over again
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