The Airports Council International Europe, forecasts 187 million fewer passengers as a result of the economic damage caused by the new coronavirus that spread its deadly tentacles from China's Wuhan city. Europe’s airports say they expect 187 million fewer passengers this year due to the new coronavirus epidemic, which is “turning into a shock of unprecedented proportions for our industry.”The Airports Council International Europe, which represents the sector, estimated Tuesday that the outbreak will mean a 13.5 percent drop in airport passengers in the first quarter alone. That translates to 1.32 billion euros (HK$11.4 billion) in lost revenue. Airlines continue to slash capacity as travelers cancel flights or avoid them all together. United Airlines, Delta Air Lines and American Airlines are allowing passengers to rebook tickets through April 30 without paying fees.-AP

Source: The Standard March 11, 2020 03:48 UTC