The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus.
________________________ TRAVEL & LODGING: All aspects of travel, road, rail and air, have been transformed during the pandemic.
Many hotels remain vacant. — JetBlue Airways swung to a $268 million loss in the first quarter. It made a $42 million quarterly profit last year.
Revenue slumped 15%. President Joanna Geraghty said bookings remain “extremely limited.” The New York carrier said Thursday that after negotiations with Airbus, it cut $1.1 billion in aircraft expenses through 2022.