COVID-19 has brought ‘unparalleled despair and destruction’ to aviation industry (video)
CNA: The crisis for airlines is deepening as more countries close their borders to foreign visitors amid the COVID-19 pandemic. Carriers worldwide are being forced to make sharp cuts, and their stocks have come under heavy selling pressure. The world’s biggest international carriers have announced drastic measures as passenger demand nosedives and governments curb travel. Aviation journalist and analyst Shukor Yusof shared his thoughts on the impact of the coronavirus on the aviation industry, and how the situation compares to past crises such as 9/11 and the SARS outbreak.
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