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.
The coronavirus could cost Chinese airlines $15 billion through May
