For airlines, China boom now exposes them to risk as coronavirus slams market


A Cathay Pacific Boeing 777-300ER plane lands at Hong Kong airport after it reopened following clashes between police and protesters, in Hong Kong, China August 14, 2019. REUTERS/Thomas Peter

SYDNEY/CHICAGO: China's growth has helped power a global aviation boom over the last decade, but as the country curtails travel in the face of a new coronavirus, a slowdown could hit the industry harder than ever before.

United Airlines, American Airlines, Air Canada, Cathay Pacific, Lufthansa and Finnair are among carriers that have cancelled some or all China flights as countries expand travel warnings and demand plummets due to the coronavirus outbreak.

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