Virus outbreak clips airlines' wings after high-flying year Airlines are stuck in a severe patch of turbulence as the virus outbreak causes passengers to cut back on travel, clouding the industry's growth prospectsNEW YORK -- Airlines are stuck in a severe patch of turbulence as the virus outbreak causes passengers to cut back on travel, clouding the industry's growth prospects. As governments across the globe implement quarantines and other strict measures to contain the virus, the outlook for the travel industry is darkening. The virus outbreak hit just as the industry was forecasting mostly solid growth in 2020. A key measure of airlines' revenue was expected to rise 4.1% globally, according to the IATA. Germany's biggest airline, Lufthansa, warned that it might cancel up to half its flights in the next few weeks, depending on how the virus outbreak develops.

Source: ABC News March 12, 2020 18:09 UTC