Bloomberg Air France-KLM warned the coronavirus outbreak will wipe as much as 200 million euros ($216 million) from earnings, hammering home the financial impact of the crisis even thousands of miles from its epicenter in China. The estimate includes losses from halting flights to the Asian nation this month and next, and assumes that services will resume in April, the ...

Bloomberg Aviation enthusiasts take note: Look for bigger jets flying around North America over the next two months as the coronavirus forces carriers to redeploy some of their largest aircraft from suspended China routes. The US carrier with the most service to China, United Airlines Holdings, is moving 19 wide-body aircraft to mainly domestic service through April 23, when discontinued ...

Bloomberg Puma SE’s chief executive officer put a brave face on the coronavirus crisis in China, forecasting a 10% gain in revenue this year. “Long-term, this will not have an impact on our industry and our brand,” CEO Bjorn Gulden told journalists. “Can we reach the guidance or not? We will do everything we can.” Puma shares surged as much ...