Boeing sees airline profits hit, stagnant freight due to virus
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SINGAPORE (Reuters) - Airlines are facing a fall in profits as the coronavirus crisis hits passenger demand and prolongs weakness in economically sensitive air freight, planemaker Boeing warned on Wednesday.After years of financial volatility marked by a race for market share, the airline industry has been profitable for the past decade due to widespread restructuring and strong demand.But concerns are growing over the impact of travel restrictions to and from China following the outbreak of..