Airlines face $100 billion-plus virus hit, discounts 'wouldn't do any good'
March 05, 2020 at 15:44 PM EST
The coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year, an industry body warned on Thursday, while the head of a large U.S. airline said the drop-off in travel demand seemed driven more by fear than economics, similar to what happened after the disasters of Sept. 11, 2001.