IATA: Coronavirus could cause a ‘sizeable’ traffic disruption

The novel coronavirus outbreak in China could cause a “sizeable disruption” to passenger traffic, especially for operators in the Asia-Pacific region, though analysis of past pandemic episodes—such as SARS, the avian flu, and MERS—indicates that “any effect on air transport would be temporary,” IATA said. “In the past, the airline industry has proven resilient to shocks, including pandemics,” IATA concluded, though it acknowledged the adverse timing of the 2019-nCoV outbreak as it coincided with the Lunar New Year celebrations and China’s busiest travel season. Moreover, owing to the very strong growth of the Chinese air transport market over recent years, an additional 450m passengers fly to, from, and within China per year compared with a decade ago. <br/>
AIN
https://www.ainonline.com/aviation-news/air-transport/2020-01-27/iata-coronavirus-could-cause-sizeable-traffic-disruption
1/27/20