International Airlines Group (IAG), which includes Iberia and Aer Lingus in its stable of brands, told investors it had seen weaker demand across Asian and European routes The company's chief executive, Willie Walsh, told Sky News it was taking capacity out of Italy - building on the suspension of flights to Shanghai and Beijing. EasyJet said it was cancelling several flights in Italy and seeking to concentrate passenger numbers on less frequent services in a bid to manage costs. The airline said actions were expected to include a pay freeze across the business and the offer of unpaid leave. It said the customers it was contacting to make alternative arrangements in Italy could either switch flights or request a full refund. IAG and easyJet have been among the worst affected amid a bloodbath for shares this week that began on news of a surge of cases in northern Italy. Companies associated with the travel sector have felt the most pain on investor expectat
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