March 24, 2020 / 2:53 PM / 14 days ago

BRIEF-Fitch Says Coronavirus Pandemic Represents A Significant Challenge To The Aviation Industry

March 24 (Reuters) - Fitch

* FITCH SAYS CORONAVIRUS PANDEMIC REPRESENTS A SIGNIFICANT CHALLENGE TO BOTH GLOBAL ECONOMY AND, IN PARTICULAR, AVIATION INDUSTRY

* FITCH SAYS START OF RECOVERY PERIOD FOR AIR TRAVEL IS DIFFICULT TO ASSESS AS VIRUS SPREAD IS GROWING IN REGIONS WHERE AIR TRAVEL IS PREVALENT

* FITCH SAYS EXPECTS DRAMATIC REDUCTION IN GLOBAL TRAVEL DEMAND TO INCREASE FINANCIAL PRESSURE ON AIRPORTS AT VARYING LEVELS Source text for Eikon:

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