Coronavirus flare-up could ‘significantly affect’ travel volume to Australia, Moody’s says
The coronavirus flare-up in China could "significantly affect" Australia's travel segment, especially if limitations are forced on international travel to stem the virus' spread, as per Moody's.
The secretive coronavirus has tainted hundreds in China, activating recollections of the SARS epidemic in 2002 and 2003.
Specialists have said the present flare-up stemming from Wuhan, China has killed 17 individuals and contaminated about 600 others. The extreme intense respiratory syndrome emergency killed around 800 individuals, generally in China and Hong Kong, as indicated by information from the World Health Organization.
“While the World Health Organisation (WHO) has to date not recommended any travel restrictions if the effect on regional travel is similar to that during the SA...