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How does the Coronavirus pandemic affect the airline industry?
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The coronavirus pandemic has had a significant impact on the airline industry. Many airlines have been forced to suspend operations and reduce their fleets, leading to job losses and decreased demand for air travel. This has caused a decrease in revenue and profits for many airlines, with some even filing for bankruptcy protection. In addition, airports around the world have seen reduced passenger traffic due to social distancing measures put into place to help contain the spread of the virus. As such, there is likely to be an extended period of uncertainty for the aviation sector as it attempts to recover from this crisis.