Advertisement
UK markets open in 3 hours 24 minutes
  • NIKKEI 225

    38,329.39
    +777.23 (+2.07%)
     
  • HANG SENG

    17,120.55
    +291.62 (+1.73%)
     
  • CRUDE OIL

    83.41
    +0.05 (+0.06%)
     
  • GOLD FUTURES

    2,338.60
    -3.50 (-0.15%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • Bitcoin GBP

    53,482.75
    -33.09 (-0.06%)
     
  • CMC Crypto 200

    1,434.65
    +19.89 (+1.41%)
     
  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     
  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     

Airline industry healthy enough to absorb significant downturn in China's economy -IAG CEO

DUBAI, Feb 5 (Reuters) - The airline industry is "without question" healthy enough to absorb a significant downturn in China's economy, said Willie Walsh, chief executive of International Airlines Group, which owns British Airways.

He was speaking at an aviation event in Doha on Wednesday.

Global airlines have suspended or scaled back more direct flights to China's major cities amid an increase in travel warnings and decline in demand from passengers due to a growing outbreak of coronavirus. (Reporting by Alexander Cornwell; Writing by Saeed Azhar)