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BRUSSELS, March 3 (Reuters) - The bosses of Ryanair
and British Airways-owner IAG expect the drop-off in
travel demand to stabilise in the coming weeks, before bookings
return for the summer, they said at a conference on Tuesday.
The heads of Europe's biggest airlines gathered in Brussels
as the rapid spread of coronavirus has forced them to cancel
flights as demand for travel has slumped.
"We're going to have a very deflated booking environment
probably for the next two or three weeks," said Ryanair's CEO
Michael O'Leary.
"If it settles down over easter then people will rapidly
begin to focus on summer travel," he added.
IAG CEO Willie Walsh said he expected European demand to
stabilise in the coming weeks, if the pattern in Europe is
similar to that in Asia.
(Reporting by Sarah Young)
