Hello everybody! I was thinking about the Corona Virus, and wondered. How has the virus affected the aviation industry?
Here is what i have found so far, but I’d love to add more if you guys have further information!
3. Over 50,000 flights have been cancelled, from more than 12 airlines.
2. China is the second largest aviation market after the U.S. Demand has fallen harshly, and things are expected to get worse.
3. Airlines that heavily rely on flights to/from china have had an average stock price drop of 8%.
4. Planes are being used to transport Corona Virus victims to different locations.