The Coronavirus, which already records more than 425 deaths in China and has been identified in 20 more countries, has gone global and has led several companies to suspend their operations in China.
As a result, their offices are still closed, and it is estimated that they will continue this way until February 10.
Economically, the Coronavirus will have a huge negative impact on China, which will be reflected in the entire world economy taking into account that it is the second largest economy in the world.
According to the Economist Intelligence Unit, this could generate a drop of between 0.5% and 1% in the Chinese Gross Domestic Product.
This whole scenario will result in an increase in demand for goods and raw materials to and from China, which will lead to the need for a quick response of the entire supply chain, which will cause the demand for air transport to increase exponentially, as well as tariffs to and from China. We may also see a drop in the responsiveness of airlines due to the increased demand for this type of transport.