EasyJet, Ryanair, Virgin Atlantic and British Airways parent company IAG have warned of "significant cancellations" as airlines struggle to deal with travel restrictions and a drop in demand due to coronavirus.

Virgin Atlantic said in a statement a "sharp and continual drop in demand" would lead to 75 percent of their fleet being grounded by March 26 and 85 percent in April.

It said it would prioritise "core routes, depending on customer demand" and reduce daily flights by 80 percent by March 26.
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