it comes to the ritz, do you think other companies like ryanair and easyj et companies like ryanair and easyjetsome of the ritz? you say many were unprofitable but they were extremely popular out of southhampton, for example. the larger airlines like ryanair and easyjet, they had bigger aircraft which cannot make it work but if they had less plays around ina work but if they had less plays around in a smaller capacity brackets. someplace was stepping and a few look like they are well advanced with some plans but southhampton airport for viewers who do not know, it is important catchment area but it has quite a short ru nway area but it has quite a short runway which prohibits the bigger aircraft getting in and out and has limitations and it isa out and has limitations and it is a challenge because flybe accounted for 95% of passengers from that airport. thank you indeed. as i mentioned, i have tweeted the advice or passengers. those who may be stranded and watching right now, do have a look at bbc online, lots of advice in terms of what your rights are and where you stand. let's stay with the c

called made the virus and they would make money after it either so we would or airlines like ryanair easyjet be a air france are strong we will find fly all we through this may be less like the next number of weeks but we don't need government aid to survive perhaps ryan as boss is taking things a little too easy after all his airline doesn't fly to asia and so is far less affected than the competition that could be rest bite on the horizon though the industry hopes the upcoming spring with its warmer temperatures could at least the celebrate the spread of the virus until autumn it would be a welcome break for a world worried about the coronavirus. beijing's decision to ban all group travel and stop package tourists from leaving china was hailed as a sensible step to contain the container corona virus but it's how much global tourism many destinations are relying on chinese visitors these days and especially local hotels and restaurants who specialize in catering for tourists from china are fighting to survive. the fairy tale castle of noise. normally the various prime to its detraction peac

don't miss his interviews later on with ceo's of easyjet, ryanair, and air france as the outbreak hitlk to the top newsmakers right here on bloomberg television. businesses in europe are feeling firsthand the impact of the coronavirus. bmw confirmed to us yesterday it sent home 150 employees after they came into contact with an infected temporary worker, who is now in hospital. e sayse ceo oliver zips they are not seeing serious effects on the supply chain right now. i spoke with him in munich. >> i can confirm that we had one case in our rt center here -- our r&d center here. that person was a temporary worker, was put into hospital, and 150 people who met him in the past days were asked to stay-at-home for the next two weeks and being put under quarantine. as for our immediate measures, but it would be overdone if we shut down our facilities. i think we had the right strategy. matt: what is the biggest impact -- beyond the people, which i am sure is your first concern -- as far as the business of selling cars. when we hear things like fiat chrysler having to shut down a plant, i thi

british airways, ryanair, easyjet and wizz air have cancelled all flights to and from italy — with air warned the outbreak could threaten its survival and has cut capacity by 80%. and qantas says it's reducing capacity by 25% while its ceo has offered to forgo some of his $15 million salary. we spoke to our transport correspondent tom burridge about this. today, airlines operating out of the uk to italy have cancelled all flights, effectively. ryanair has cancelled all flights up to the 8th of april from this friday so it has left a little window, because you have british people in italy who need to get home so people can in theory swap flights for those earlier days. easyjet has a similar policy, but easyjet has also said it is operating what it is calling rescue flights from italy back to the uk for british nationals and some flights going out, for essential travel out to italy. lots of airlines under pressure, what has not helped is that some of them are being forced by european rules to fiery —— flight empty aircraft to protect the slots. what is the eu saying about that? it has ch

so flights will continue, they won't be on easyjet, ryanair, they won't be on easyjet, ryanair, the othereton service this week and it looks like 1995, with a few links across the irish sea and a few continental services, but that's all at the moment. but yes, flights definitely continuing. british airways still going to australia, they are stopping at singapore, nobody allowed on or off, theyjust refuel and carry on to sydney. meanwhile, simon, cruises are still being sold, certainly despite british foreign 0ffice advice against nonessential travel abroad, so how can that be?” can't see anything actually wrong with what one of the big uk cruise lines is doing, however, i have bought for a departure on the 10th of april, flying to sydney, and then boarding the queen elizabeth, sailing round australia for 27 days. what could be nicer? well, that's irrelevant, because there is exactly no chance that that trip will be delivered. however, they are still selling it and the reason is, well, but all depends. in a statement they say, we are working around current restrictions airports around the

and british airways, ryanair and easyjet have cancelled more flights to italy.ational health commission has reported a0 new cases of covid—19, which is the lowest since january when reporting began. well, a secondary school in devon has reopened after a pupil tested positive for the coronavirus. and after a deep clean, just a few students and staff — who were in close contact with the pupil — are self—isolating for a few more days. jon kay has been looking at how coronavirus is changing school life. the queue for school dinnersjust got longer. no one is taking any risks at churston ferrers grammar after one case of coronavirus closed the whole school for a week. what is the purpose of triple glazing? so as they get back to normal what can other schools learn from what happened here? some pupils are still off, self—isolating at home as a precaution. can you see the powerpoint 0k? like lily, who has no symptoms. i've never done it before. nowjoining physics class via webcam. how reassuring is it that you can keep studying like this? oh, it's very important because

. -- just ryanair, but i ag easyjet, lufthansa under considerable pressure.rgue,l action, i would is at the front end of the curve, particularly in the united states. we are still six basis points lower when it comes to german ,en-year -- german two-year -83. let's get more of the impact of the coronavirus right now. we are joined for analysis by john hardy, saxo bank head of fx strategy, joining us from copenhagen. we are looking at action on the monetary and fiscal front. we seen a bit of a bounce in stocks. if we do get coordinated response, how do you think different assets will react to it? considering the almost record pace we saw in the selloff, especially in equity markets last week, the two-way risk is very much there. on the monetary policy side, i really won't be impressed with much. we are talking about a shutdown activity. cutting rates is not going to increase economic activity or start considering a new loan or something. it is about the fiscal side. it is really difficult because it is not simply fiscal stimulus. it is about credit forbearance

easyjet, ryanair and jet2 are also facing similar pressures.to almost zero and launched a $700bn stimulus programme. it's part of a co—ordinated action announced yesterday the central bank had already cut interest rates by half a percentage point after an emergency meeting on march 3rd. bt has said that its residential network can cope a surge in demand — with many more people working from home because of coronavirus. the rapid rise in the number of people working from home and using video conferencing has led to concerns over bottlenecks and slowdowns. the problem would also be made worse if schools were to close — resulting in higher levels of computer game and movie and tv streaming. the economic impact of the coronavirus shows no signs of slowing. global stock markets have taken a hit — with travel shares amongst the biggest losers. here's the current state of play — across europe — and that's despite massive coordinated action taken by central banks in the us, the eurozone, the uk, japan, canada, and switzerland. yesterday, the us federal

in europe, ryanair and easyjet following suit as well, trimming the number of flights.predicts that you could look at a head of $43 billion every single month for business travel part of the economy. flights.anies banning that's all playing into it. the travel industry is taking a hit. reaction,central bank the bank of canada easing for the first time in more than four years. what a turnaround for the governor. >> not just for them. for everyone. the bank of england is probably going to be next. if you look at pricing in futures. we've had the fed up cycle. we forgot the rba. coming up next, the bank of japan, the ecb, the bank of england, and april, the rba again. pretty much across all those banks i mentioned, markets are expecting a rate cut. larger in new zealand, the fed is going to follow up again based on fed policy. what has not been talked about as much and given all the spirit -- fiscal stimulus, we know will be severe this quarter. what a lot of the policymakers are trying to do is avoid and prevent their economies from contracting. when the health scare goes

easyjet, ba, ryanair, echoing what we are hearing, flights being cancelled or suspended until early april are back home and the message is, if you need to cancel, ring us and we will get you a refund but the lines are really busy as you can imagine. this is the kind of news the airlines do not really need to hear about. norwegian is saying it will have to cut 15% of its flights, it is laying off some stuff temporarily, we understand ba has asked some staff to take unpaid leave voluntarily. this as we are hearing that it could hit the airline industry to the tune of over £80 billion. they are saying perhaps bookings could be down by as much as 1296 bookings could be down by as much as 12% this year. but some really, you may have heard of these ghost flights, fights that airlines have to fly backwards and forwards, they have to fly 80% of these to keep their slots in europe, those rules have been waived for the time being so that takes some financial pressure off and alleviates the unnecessarily environmental cost. very briefly, we were talking yesterday about the financial markets and that

some people, a small number, will be able to book on ryanair flights which will still operate until friday and easyjet what it calls rescue flights in the coming days, both to bring people back to britain and central travel out to italy. now, the government is talking to airlines, i'm told it's a fluid situation and they're trying to work out exactly how many flights are needed so anyone who lives in britain who is out in italy at the moment can get home but airlines are being hit more broadly because passenger numbers locally have fallen off a clear and that's why you've seen airlines like norwegian air cutting 15% of their flights out of their schedule in the coming weeks and saying they'll temporarily get rid of some staff stop you british airways has e—mailed all their staff asking if they will take under voluntary unpaid leave. the airline industry is a precarious place at the best of times, this is the worst of times and airlines are being hot hard. tom burridge reporting there. let's take a look at some of today's other coronavirus developments. china's president, xijinping, has visited the cit

easyjet is the latest airline to cancel all flights to spain, beginning tuesday. ryanairs also limiting the number of flights to the country. here's our political correspondent nick eardley. for weeks now we have all been told to wash our hands more, but the government is increasing its response to coronavirus. already, if you have a persistent cough or fever you are to stay at home and new measures could be coming soon. many of them will be focused on those most at risk, in particular the elderly. they could soon be asked to shield themselves from the virus by staying away from other people for months. protection of the vulnerable and elderly by asking them to stay away, to stay at home, that is in our action plan, but we do not want formally to say yet that people should do that, and the reason for that is simply this length of time that they would need to stay self isolated, stay at home, to protect themselves, it is a very big ask. it is a very long time. the scottish government says its plans for the elderly focus on reducing contact rather than complete isolation bu

easyjet, ryanair and jet2 are also facing similar pressures as countries close hotels, bars, restaurantsrica's central bank has cut interest rates to almost zero and launched a $700 billion stimulus programme. the central bank had already cut interest rates by half a percentage point after an emergency meeting on march 3rd. bt and other broadband firms have said their residential network can cope a surge in demand — even though many more people are working from home because of coronavirus. the rapid rise in the number of people using skype, facetime and other video conferencing has led to concerns over bottlenecks and slowdowns. the problem would also be made worse if schools were to close — with higher levels of computer game, movie and tv streaming being used. a repeat of last week, the market fell by more than 7%, temporarily suspended before it reopened again. let me show you the current state of play across europe and the us. ftse 100 down more than 6%, initially opening 7% lower. in frankfurt, the dax is now in nearly 6%. brent crude dipping below $30 a barrel. that's because facto

easyjet and ryanair have not ruled out grounding all flights.d that he has tested positive for coronavirus. the "luther" star said he doesn't have any symptoms but was tested after coming into contact with someone who had the virus. in a message on twitter, he urged fans to take precautions. now is the time for solidarity, now is the time for thinking about each other. so many people whose lives have been affected, from those who have lost people that they love, to people that don't even have it and have lost their livelihoods. this is real, all right? he has tested positive but is tha nkfully he has tested positive but is thankfully at the moment feeling ok. many tourist attractions are closed as a result of coronavirus but that doesn't necessarily mean they are lacking an audience. when this aquarium in chicago was closed to the public, its rock hopper penguins took a chance to wander around the exhibits. the birds — called annie and edward — were said to have enjoyed the experience. that is quite nice, isn't it? a personal little toe of the a

ryanair the flybe story brings a lot of negative sentiment. rya nair and easyj et negative sentiment. rya nair and easyjetcause investors are thinking they could pick up some flybe routes and british airways shares down by nearly a percent. coronavirus is hitting every area of business — including entertainment. on wednesday the producers of the newjames bond movie announced the launch of the film is being shelved until later in the year. samira hussain in new york has more. daniel k's final appearance as james bond was due to hit screens in april but the release date has been pushed back seven months so fans of 007 will have to wait until november to see no time to die. the producers said they delayed the release after careful consideration and thorough evaluation of the global theatrical marketplace. this is the first major film to change its schedule as concerns mount about people gathering together in the wake of coronavirus. the last bond film to can almost $900 million at worldwide box offices and some film analysts have suggested the coronavirus could wait $5 billion from global box offices, with m

small number will be able to book onto ryanair flights which will number will be able to book onto rya nair flights which will still operate until friday and easyjet rescue flights in the coming days, both to bring people back to britain and for essential travel out to italy. the government is talking to airlines and i'm told it isa is talking to airlines and i'm told it is a fluid situation, they are trying to work out how many flights are needed, so anyone who lives in britain who is in italy at the moment can get home. airlines are being hit more broadly because passenger numbers globally have fallen off a cliff and that's why you have seen airlines like norwegian air the day cutting 15% of flights out of their schedule in the coming weeks and saying they will temporarily lay off some staff. british airways has asked their staff whether they are willing to ta ke volu nta ry staff whether they are willing to take voluntary unpaid lead. the airline industry is precariously placed at the best of times and these are the worst of times and airlines are being hit hard. tom burridge with the latest on the airline industry cosmic problems at heathrow.

we've seen the trouble that ba and easyjet and rya nair we've seen the trouble that ba and easyjet and ryanair that is going to affect how many people they deploy inevitability. fergus, when do you think the next time one of us will get on a plane? it is a really good question because i would love to go and film in seattle, where they are injecting volunteers with the first vaccine in the world but of course, we're not going anywhere. you may well soon be asking when will be the next time one of us gets on a train? with the cutbacks that are happening, the services going down toa happening, the services going down to a sunday service, less and less long—distance transport. i think we're going to be potentially relying on our cars more. and i've left loads of my stuff in brussels and the belgian government has closed the border so i do not know what is going to happen with my stuff. anyway! right, but forsome to victoria, she a freelancer and let's see how she is feeling. i'm a local optometrist and i live in london which means i gave freelance who gets high day by day on a daily rate. the prob

interview with the ryanair chief executive looking at the concerns out there, where he expects to pick up and when he doesn't. guy is at the aviation summit in brussels. , he will talk to the easyjetith a similar conversation on the impact of the virus and any possible flight cancellations. a full roundup of the airlines conversation coming up shortly. this is bloomberg. ♪ >> our hands with soap and water. there will be people tuning in to this for the first time -- francine: you can listen to boris johnson telling people they should wash their hands with soap and water. we are expecting boris johnson, who started speaking moments ago to set out the governments coronavirus plan. there have been a number of reports out of the press over the last 24 hours about worst-case scenarios and the prime minister is also speaking at the news conference with his chief medical advisor. there have been talks about quarantining people, about keeping people away from the office in the u.k. as we listen to boris johnson, let's get in jeremy stretch. town and the you k's preparedness in this. we talked about the g7, which we expect markets to take their cue from. what else would you be watching for

ryanair has dropped in right away to offer rescue fares and so these are not free fares, these are perhaps good value, cheaper fares. easyj et perhaps good value, cheaper fares. easyjet our at the moment, but as the day goes on, i think we will see more airlines offering rescue fares on these routes and the government is also appealing to the rail companies and so on to see if they can offer cheaper fares or rescue fa res, can offer cheaper fares or rescue fares, certainly for the british mainland, sold... if you are hoping to travel further afield or hoping to travel further afield or hoping to travel further afield or hoping to travel back from further afield, it becomes more, gated. it does, but there is a relatively small number of people actually overseas. that is partly the time of year, partly because of coronavirus and saw the majority of people affected are actually individuals. ok, gary has e—mailed us to ask our other flights which are operated by flybe such as virgin also counselled ? which are operated by flybe such as virgin also counselled? well, all flybe flights will be cancelled because the company is and is mistreating for top as regards virgin, th