For Airlines, Week That Went From Bad to Worse

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For Airlines, Week That Went From Bad to Worse
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“The airlines industry in particular, no different than after 9/11, has a very unique circumstance.”

Airlines around the globe are now fighting for survival as they confront an array of limits on air travel.

In the span of a week, what started as a nascent crisis has snowballed as worries about the spreading new coronavirus prompted countries, including the U.S., to restrict travel. Those limitations, along with customer anxiety about contracting the virus while flying, have caused airlines to cut the number of flights by up to 70% in some cases, prepare for the worst-case scenario and talk to employees about the company’s...

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