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As the coronavirus spread globally, a canceled work trip here and there turned into a worldwide shutdown for business travel by air.The global airline industry is now on the brink of collapse. And while pressing pause for a few days or a week is strange enough, a freeze on business-class travel that lasts for several weeks or months has the potential to reshape why people fly. After a decade of huge growth, airlines are preparing for a staggering drop in revenue worldwide. Concerns over the coronavirus have crippled demand for flights, which in turn has caused many airlines to ground their fleets and lay-off staff.Recently JetBlue CEO Robin Hayes called this financial situation for airlines, "at least as bad as 9/11 if not worse."But even with a bailout, it could take months for travelers to fully return to the skies. In the meantime, a lot of business will go on without air travel.With huge advances in telecommuting and a growing acceptance of working from home, businesses have taken to platforms like Slack, Zoom and Skype to carry on with meetings while many miles apart.To understand the impact of losing business class travel, you have to understand how valuable business class tickets are to airlines. It might just be a few seats, but on many flights, premium seats actually account for most of the money the flight will make. Let's explain.Let’s look at a roundtrip flight scheduled for the first week in August between JFK and LAX. The round trip fare for an economy passenger costs 9. For a business class passenger that seat is ,867. And finally for a first class passenger the cost is ,032. In total, if everyone pays full price for their ticket, the airline makes ,362.But notice the distribution. If you do the math, you see that although business and first class travelers only make up 28% of the passengers on the flight, they account for 60% of the flight's revenue. This model doesn't describe every flight. But when it comes to airline economics, business and first class passengers have an outsized impact on many airlines' revenue. "They care a lot about business class travelers," says airline pricing expert Andy Boyd. "The other part about the business class travelers is not just the seat but business travelers become very connected with their brand and they fly a lot. It’s not just the money they make from the one seat, but what they get over time."Boyd literally wrote the book on airline ticket pricing. He believes airlines could bounce back, but he also says the virus could accelerate some trends already in motion for business travel."It could be a catalyst," Boyd says. "But what is really interesting, the new generation has grown up with technology, with cell phones. The fact that you are doing what many older people would call, very informal communication is more and more accepted as formal communication. So as young people who have grown up with technology get older, they may find that they are just as happy doing things over the phone as they are getting on a plane and going somewhere."Those combined factors could spell long-term impacts for the airline industry beyond the spread of the coronavirus. "Normally I would tend to say we would just get over it and the world would just get back to normal," Boyd says. "But with this particular virus and the way that people have responded to it, we may see some actual real changes to the way that both business and economy travelers travel." 3474

BOCA RATON, Fla. -- Police responded to multiple reports of shots fired at Town Center Mall in Boca Raton on Sunday, but later determined that no shots had been fired.“The tips seem to center around a loud noise that occurred," Boca Raton Police Chief Dan Alexander said.According to Alexander, one person who was originally reported to have suffered a gunshot wound was hurt when he hit his head on a door while fleeing the scene.“I hear a boom! And I thought that boom was like a balloon or someone falling or something, but as I look back … I see a bunch of kids yelling and crying and screaming, 'run, run, run, a shooter!'" eyewitness Stephanie Silva said.Detectives were able to recover both blood and hair on that door.Alexander said no weapon, casings or rounds of ammunition were found at the scene.“We have not identified any suspect, no gunshots or gunfire," Alexander said. “Right now we’re currently combing with assistance of ATF, they have dogs that can determine that, so that will be a focus of our investigation.”According to Alexander, the tips they received centered around a loud noise that occurred.“The important thing to remember is that something happened in that mall today to cause people to get concerned, a lot of people," he said.At this time detectives do not know what made the loud noise that caused the panic. Their investigation is ongoing and they are still reviewing surveillance video from inside the mall. 1456

Beijing is preparing a blacklist for foreign companies as trade tensions with the United States continue to escalate.The Chinese government is working to establish an "unreliable entity list" which would include foreign companies, individuals and organizations, according to a statement Friday from China's Commerce Ministry.Companies that violate market rules will be added to the list, according to the statement. Other targets include firms that block supplies to Chinese companies for "non-commercial reasons" or otherwise damage their interests.The exact details of the plan will be announced soon, the statement added.The move to establish a blacklist comes after the United States hit Huawei with an export ban, 731

As the United States discusses easing restrictions on commerce and government activity amid the spread of coronavirus, a recent spike in cases in Hong Kong shows the challenges of repoening society. In late February, the number of cases in Hong Kong was relatively stable. According to press releases from Hong Kong's government, the region had nearly 100 cases. At the end of the month, Hong Kong began easing restrictions and reopening government institutions. But in recent days, Hong Kong has been addreessing another wave of cases. In the last week, the number of cases in Hong Kong has doubled to 386, as of Tuesday. "The first wave was the worries of transmissions from Mainland (China), so we have put in a lot of measures," Hong Kong Executive Carrie Lam said. "You can see from the statistics that actually the last Mainland-related infection case happened a long time ago now - it's in February, early February. The second wave was the local transmissions, with those clusters arising from dinners and other things. Now we are facing the third wave."While many of the early cases were from travelers from Mainland China or other parts of the world, a number of recent cases have been reported with no known link to travel or related cases. 1263

BIRMINGHAM, Ala. (AP) — The base of a Confederate monument in Alabama is all that remains Tuesday morning in Birmingham's Linn Park. Live video recorded overnight shows crews worked into the early morning hours dismantling the top portion of the obelisk in pieces. It comes about a day after protesters tried to remove the monument themselves during a protest over police brutality, including the death of George Floyd. The stone pieces were hauled off on a flatbed truck. It's unclear where they were taken. Crews were expected to return later Tuesday to finish removing the monument. 597

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