Surging fares mark a reversal from few weeks ago, indicating the shift of the pandemic's epicentre. FMTNews AirFares Covid19 Coronavirus Pandemic
Asian students are now trying to find tickets home from Europe and the US where the virus is taking hold.
Shen, a 23-year-old master’s student, said he paid about 40,000 yuan for his return ticket. Prices have climbed further in recent days or availability has disappeared altogether. The subsequent slump in demand has forced carriers from American Airlines Inc. to Qantas Airways Ltd to make drastic capacity cuts.
Cathay Pacific Airways Ltd said it is reinstating some flights from the US and London for students overseas. It will also use aircraft with more seats on several flights from the US, which has declared a national emergency because of the virus.
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