BRUSSELS (Reuters) – The worst is still to come for the airline industry in terms of economic damage from the coronavirus outbreak, European carrier bosses warned on Tuesday, but they predicted that travel demand could stabilise in the coming weeks.
Airlines for Europe A4E Managing Director Thomas Reynaert, CEO of Air France-KLM Benjamin Smith, Chief Executive of International Airlines Group (IAG) Willie Walsh, Chairman of the Executive Board and Chief Executive Officer of Deutsche Lufthansa AG Carsten Spohr, CEO of easyJet Johan Lundgren and Ryanair Chief Executive Michael O’Leary pose as they attend the Europe Aviation Summit in Brussels, Belgium March 3, 2020. REUTERS/Johanna Geron
Coronavirus dominated the conversation as the heads of Europe’s biggest carriers including Ryanair’s (RYA.I) Michael O’Leary and Willie Walsh, boss of British Airways-owner IAG, gathered at an annual industry conference, to lobby against new air taxes and call for improvements to air traffic…
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