China’s box office was on track to surpass the U.S. and become the world’s largest this year, but movie theaters in China remain shut down amid the coronavirus outbreak.
A woman wearing a mask is seen as the country is hit by an outbreak of the novel coronavirus in Shanghai, China February 10, 2020.All times below are in Eastern time.9:12 am: Boeing sees airline profits hit, stagnant air cargo market due to coronavirus
The global air cargo industry is unlikely to grow this year because of the challenges in the China market due to the coronavirus, a senior executive at said. The coronavirus crisis has dimmed hopes of a rebound for air cargo after its worst year in the decade since the financial crisis, the International Air Transport Association, a group of 280 global airlines, said last week. Travel restrictions to and from China and a more than two-thirds drop in capacity offered by Chinese airlinesthe planemaker's senior vice president of commercial sales and marketing.
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