Honda, the Japanese car company, said it was suspending all overseas trips for employees, while the FTSE 100 listed mining company Fresnillo said it was postponing “non-urgent” travel
Nokia, Samsung Electronics, Hon Hai, Swiss Re and Adidas were among other companies to place restrictions on travel. If the trend continues it could pose a serious threat for airlines – already hit by the global recession – many of whom rely on business class travel for a large proportion of revenue.
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