Trump's European travel restrictions could drive some airlines out of business, trade group warns

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Trump's European travel restrictions could drive some airlines out of business, trade group warns
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Trump's European travel restrictions could further strain airlines and drive some of them out of business, a trade group warned.

Carriers are struggling broadly as coronavirus and travel restrictions drive down bookings.

The trade group had already warned about a revenue loss of more than $100 billion for airlines globally this year. Airlines are reeling from the spread of coronavirus, which has infected more than 100,000 people and forced airlines around the world to slash service and freeze hiring or lay off workers in a bid to preserve cash.

"That scenario did not include such severe measures as the U.S. and other governments have since put in place," the group said in a statement.from most of Europe to the U.S. for 30 days as COVID-19 continues to spread. The new rules, which take effect Friday just before midnight, don't ban flights outright but rather prohibit foreigners who have been in Europe in the last two weeks from entering the country.

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