From Yahoo News:
Atlanta’s Hartsfield-Jackson International, the world’s busiest airport, has turned a runway into a parking lot for grounded aircraft; about 80% of Frankfurt airport workers have had their working hours cut and many now won’t go to work at all; Manchester has closed two of its three terminals and short-hop specialist London City Airport is suspending all flights until the end of April. Orly airport near Paris is also closing temporarily.
The sudden collapse of air travel triggered by travel restrictions and customer fears of coronavirus is having a severe impact on airport cash flows. The fees they get from airlines have been cut to the bone, as have commercial revenues from services like car-parking. If retail concessions or car rental agents go bust, another source of income could be wiped out. European airport operators estimate that they face a 14 billion euro ($15 billion) hit to revenues.
[ For Full Story ]
[Return to www.spiritdaily.com]
Pray always for purity and love
Please report any inappropriate ads or content