United just slashed its flights to Japan and other parts of Asia, showing how quickly coronavirus fears are hurting new airline and travel markets outside of China (UAL)

• United Airlines said it will significantly reduce its capacity to Japan, Singapore, and South Korea due to the novel coronavirus outbreak.
• Japan has, over just a few days, become the latest hotspot of the virus. Officials said this week that all schools would be closed for a month to try and contain the outbreak.
• The outbreak — and its perceived severity — puts Japan’s booming tourism industry — and the 2020 summer Olympic games in Tokyo — at risk.
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United Airlines said on Friday that it was significantly reducing its capacity to Asia as read more >>>

Source : BusinessInsider.Com