ИА «Ореанда-Новости». European airline executives said Tuesday that an outbreak of coronavirus is causing financial losses. At the same time, stabilization in the air transportation market is forecasted in the near future.

The New York Times reported that Lufthansa reduced flights to China by April 24, and to Tehran by April 30. The number of flights to Northern Italy will also decrease. In general, the company will temporarily suspend flights for short and medium distances by 25%. German airline Lufthansa includes Swiss International Airlines, Austrian Airlines and others. The total fleet consists of 770 ships.