Qantas to keep bringing in the virus

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Italy just blocked all flights from China. No risk management here thanks very much, at The Australian:

Qantas will not pull flights out of China unless the federal government says it has to, despite a number of other airlines withdrawing services in the face of the fast-growing coronavirus outbreak and associated plunging demand.

British Airways, Lufthansa, United, American Airlines, Jetstar Asia, Air Asia, Air Canada, Air India and Finnair have all suspended at least some of their flights to mainland China, citing significant declines in demand.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.