Coronavirus is crushing demand to China. But let's remember the first week in February already stinks for U.S-China flights. The Lunar New Year festivals last until Feb. 8, and during this period, lucrative business traffic dissipates. If this suspension continues past Feb. 8, we'll how bad the health crisis is hurting business.
United Airlines Holdings Inc said on Tuesday it was suspending some flights between the United States and Beijing, Hong Kong and Shanghai between Feb. 1 and Feb. 8 due to a “significant decline in demand” as the new coronavirus spreads.
“We will continue to monitor the situation as it develops and will adjust our schedule as needed,” United said in a statement.
The coronavirus that originated in Wuhan, China has killed 106 people in the Asian country and spread across the world, rattling financial markets.
United’s suspension affects a total of 24 flights.
The other two U.S. airlines that fly to China, Delta Air Lines Inc and American Airlines Group Inc, said they had not reduced their flights at this time but were closely monitoring the situation
Photo credit: United Airlines is temporarily dropping some U.S.-China flights due to a decrease in demand. Pictured is on of the carrier's Boeing 777-300ERs. United Airlines