Coronavirus takes heavy toll on airlines and shipping firms
(The Guardian China)

Companies count cost of China flight cancellations and weaker travel demand across AsiaCoronavirus - latest newsAir France-KLM, Qantas, and the global container shipping company Maersk have become the latest businesses to warn about the financial impact from the spread of coronavirus.The airlines have cancelled flights to and from China and are experiencing weaker demand for travel in Asia. If flights remain suspended until April, the Franco-Dutch group Air France-KLM expects the Covid-19 outbreak to wipe between EUR150-200m (£130-170m) off its earnings.The World Health Organization is recommending that people take simple precautions to reduce exposure to and transmission of the Wuhan coronavirus, for which there is no specific cure or vaccine. Continue reading...