The atlanta based carrier issued a travel waiver that

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The Atlanta-based carrier issued a travel waiver that allows passengers traveling to, from or through Beijing and Shanghai between Jan. 24 and Jan. 31 to change their itinerary once without having to pay a fee. American Airlines Group Inc. President Robert Iso m said it is too soon to see an impact. “Our network isn’t that extensive in Asia. But we’re on top of it,” he said on a conference call. “We’ve seen viruses in the past that we’ve had to make accommodations for and to be prepared for, we’re doing all those same things right now.” Walt Disney Co. Closed its Disneyland resort in Shanghai. The company is offering refunds to guests who bought theme park tickets or reserved rooms in its hotels. Wynn Resorts Ltd. The Chinese Lunar New Year is peak time for profits at casino operators. Authorities in Macau, the world’s largest gambling market, are requiring casinos to screen guests for
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IMPACT INSIGHTS January 2020 Electronic Components Industry Association 678-393-9990 310 Maxwell Road, Suite 200, Alpharetta, GA 30009 high temperatures and make their staff wear respirator masks. Many Chinese tourists are also heading to Las Vegas to celebrate. Carnival Corp. and Royal Caribbean Cruises Ltd. Carnival’s Costa Cruises brand, working with the Chinese government, decided to suspend nine voyages leaving China from Jan. 25 to Feb. 4. In a separate statement, Royal Caribbean said it suspended Jan. 27 and Jan. 31 sailings. Both pledged to provide refunds to customers. Status of Other Key Companies Major players in the electronics and distribution industry have provided very little information on the impact of Coronavirus on their business and operations. This section provides what little information is available from other electronics, distribution, and shipping companies. There is a great deal of information published in various reports about the impact on retail business. A summary of what other big companies are saying so far about the impact: Avnet Inc. States it hasn’t seen an impact so far. “But if it gets worse and they start shutting down airplanes, et cetera, then that will have a different effect on shipments out of China,” CEO Bill Amelio said on a conference call. FedEx Corp. FedEx has pledged transportation support to aid in the Coronavirus emergency. FedEx is committing transportation and logistics support to humanitarian relief agencies as they respond to the coronavirus outbreak. As part of these efforts, FedEx Express will ship today more than 200,000 surgical masks and personal protective equipment such as gowns and gloves to its Asia Pacific Hub in Guangzhou, China to assist the humanitarian work of Direct Relief. FedEx is working closely with China Post which will deliver the aid from Guangzhou to Wuhan Union Hospital. Siemens Siemens said the company "adheres to the guidance from relevant authorities and has furthermore put in place a series of measures to protect the health of our workforce," according to the South China Morning Post. It is not clear what the series of measures is, or whether the company will later suspend operations.
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  • Fall '19
  • People's Republic of China, Severe acute respiratory syndrome

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