Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Germany’s Federal Ministry of Health and Federal Ministry of Economics have canceled the ITB Berlin tourism trade fair, which was scheduled to run Mar. 4-8, because of concerns about the increasing spread of the novel coronavirus COVID-19.
Finnair issued a profit warning Feb. 28 and withdrew its previous capacity guidance of 4% growth for 2020, as it adjusts network capacity over the next several months to better fit demand related to the COVID-19 outbreak.
UK LCC easyJet is taking steps to cut back on discretionary costs in a bid to offset the expected impact of the COVID-19 virus on operations as demand slows.
