Airlines and passengers are on guard against a new flu-like virus that originated in Wuhan, China
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Cathay cut nearly 40 percent of its flights and reported a financial loss, as did Singapore Airlines Ltd, Japan Airlines Co Ltd and ANA Holdings Inc.For example, in Australia, Chinese travellers account for more than 15 percent of international arrivals, up from just 4 percent in 2003, according to Moody's ratings service.
In 2003, 6.8 million passengers from China travelled on international flights, and that number has grown by close to 10 times to 63.7 million in 2018, according to data from the country's aviation authority. South Korean budget carrier T'way Air earlier this week postponed the scheduled launch of a new route to the city.
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