British Airways owner IAG sees marginal impact of coronavirus on global travel

British Airways owner IAG sees marginal impact of coronavirus on global travel

DUBAI (Reuters) - The new coronavirus epidemic will have a only a marginal impact on global travel demand and the airline industry is healthy enough to absorb any economic slowdown in China, said the chief executive of British Airways parent IAG ( ICAG.L ) on Wednesday.. International flights to China from around the world have been suspended in response to the worsening health emergency that has killed close to 500, nearly all in the country, while a meeting of international aviation officials in Singapore was canceled.. Qatar Airways, which owns a minority stake in IAG, has also canceled passenger flights to China, though its chief executive said that was because other countries had placed entry restrictions on those who had recently visited the country..