Companies count cost of China flight cancellations and weaker travel demand across Asia
Air 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 €150-200m (£130-170m) off its earnings.
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