Apple, Facebook restricting travel to China

White House considers ban on China flights amid coronavirus outbreak

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Economic fallout from the global outbreak of the coronavirus is spreading as a growing number of companies restrict travel to China, airlines suspend or cut flights, and retailers close some stores there.

U.S. businesses including Apple, Disney, Facebook, General Motors and Starbucks are taking steps to protect their employees and customers against the deadly virus that originated in the Chinese city of Wuhan and has since spread across China and to other countries. Global brands such as Honda and French automaker PSA are also enacting protective measures. 

British Airways and Asian budget carriers Lion Air and Seoul Air are suspending all flights to China, while American Airlines and United have cut or suspended some flights. Several other airlines including Finnair, Hong Kong-based Cathay Pacific and Singapore-based Jetstar Asia are reducing the number of flights to the country as demand for travel drops because of the outbreak.

It’s still too early to tell what the financial implications of these measures will be for U.S. businesses.

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