It sure looks like Asia is in recession

We won’t have the data for weeks but this kind of stuff speaks for itself:

Singapore Airlines Ltd said on Tuesday it will temporarily cut flights across its global network in March, April and May due to weaker demand as a result of the coronavirus epidemic.

Destinations that are among those with services reduced include Los Angeles, Frankfurt, Paris, Tokyo, Seoul, Jakarta, Sydney and Mumbai, the airline said on its website.

The airline had already announced major cuts to flights to mainland China and Hong Kong.

It’s industry wide I’d say:

Thai Airways has cut services between Singapore, South Korea, mainland China and Bangkok due to a fall in demand caused by the coronavirus outbreak which originated in the Chinese city of Wuhan.

Prepare for serious pushback from the CCP which has already cured China.

Don’t you know.

David Llewellyn-Smith

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