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Asian airlines dragged deeper into virus's maelstrom

Pandemic-triggered shutdowns wipe out carriers' cash flows

Australia-based Qantas Airways announced Tuesday that it will cut its total group international capacity by around 90% until at least the end of May.   © Reuters

TOKYO -- Airlines in Asia are being sucked deeper into the coronavirus crisis after its escalation into a global pandemic sparked a wave of travel bans in Europe and North America.

Australia-based Qantas Airways announced Tuesday that it will cut its total group international capacity by around 90% until at least the end of May -- the latest drastic indication of how far world travel is set to be curtailed by efforts to curb the spread of the virus. About 150 aircraft will be grounded out of roughly 300 across the group.

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