The outbreak is expected to cost the airline industry alone nearly $30 billion.
February 28, 2020, 10:10 AMMany countries, fearful of an outbreak, have been closing their borders for some or even all travelers.outbreak has already upended an entire industry, resulting in canceled flights, resorts on lockdown, and a deadly cruise ship quarantine. With the world bracing for a pandemic, experts say the travel sector should prepare for even more uncertainty ahead.Moreover, the decline in Chinese and other Asian tourists coming to the U.S."will translate into a loss of $7.
IATA CEO Alexandre de Juniac said that due to the coronavirus, his organization is forecasting the first overall decline in air travel demand since the financial crash of 2008-2009.are making difficult decisions to cut capacity and in some cases routes," he said in a statement."This will be a very tough year for airlines."
Crew members aboard the Diamond Princess cruise ship are seen at its wheelhouse at the Daikoku Pier Cruise Terminal in Yokohama port in Japan, Feb. 27, 2020.Delta, United and American Airlines have all suspended all flights to mainland China through late April -- and American and United have suspended flights to Hong Kong as well.
The suspension of U.S. flights to China has also had a big impact on the rest of the region, according to Berg, because many flights to Asian destinations connect through China. For example, about half the U.S. flights to Ho Chi Minh City in Vietnam rely on a transfer in China.
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