The coronavirus could cost Chinese airlines $15 billion through May

Tuesday, March 3, 2020
The coronavirus could cost Chinese airlines $15 billion through May

The coronavirus could cost Chinese airlines $15 billion through May, according to Chinese media estimates, cited by Interfax-Ukraine. Hong Kong’s Cathay Pacific is asking 80% of its 32,000 employees to take turns at taking three weeks of unpaid leave. With Chinese tourists grounded, coronavirus costs Europe’s tourism industry €1 billion a month, EU industry chief Thierry Breton tells France’s BFM TV.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
With the Rada expected to legalize casino gambling this spring, Boris Fuchsman, a co-owner of Hilton Kyiv says he plans to invest up to $30 million to create two casinos in the 26-floor building on Taras Shevchenko Boulevard.

With the Rada expected to legalize casino gambling this spring, Boris Fuchsman, a co-owner of Hilton Kyiv says he plans to invest up to $30 million to create two casinos in the 26-floor building on Taras Shevchenko Boulevard.

Next post
President Zelenskiy plans to replace Prime Minister Honcharuk at a special meeting of the Rada this afternoon

President Zelenskiy plans to replace Prime Minister Honcharuk at a special meeting of the Rada this afternoon

Previous Main Topics