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American Airlines Group Inc is in advanced talks to hire Guggenheim Securities co-chairman James Millstein for advice on tapping a $50 billion industry relief package available from the U.S. Treasury Department to cope with the coronavirus pandemic, people familiar with the matter said.

The coronavirus pandemic is increasingly affecting supply chains of German engineering companies, a poll by industry association VDMA showed on Monday.

Thai Airways International Pcl may permanently reduce the number of aircraft types it deploys once the coronavirus outbreak that has caused the company to ground most of its fleet ends, said a senior government official on Monday.

British low cost airline easyJet said it had grounded its entire fleet of over 330 aircraft and had no visibility on when it could restart flights, highlighting the heavy strain on airlines trying to survive to fly again after coronavirus.

Britain has ordered more than 10,000 ventilators from a consortium of leading aerospace, engineering and technology companies, with production to begin this week.

British low cost airline easyJet said it had grounded its entire fleet and reached a deal with its cabin crew for employees to be furloughed for two months under a government job retention scheme.

The Turkish lira weakened 0.7% against the dollar on Monday as the number of coronavirus cases continued to surge in Turkey and markets globally tumbled on worries over the length of a global shutdown.

ABB on Monday became the latest company to warn about the impact of the coronavirus on its profits, with the Swiss engineering group saying all of its businesses would suffer in the first quarter.

China and Hong Kong stocks fell on Monday as investor concerns over coronavirus-driven global shutdowns overshadowed an unexpected rate cut by the country's central bank.

ABB became the latest company to warn about the impact of the coronavirus on its profits, with the Swiss engineering group on Monday saying all of its businesses would suffer in the first quarter.

Major U.S. airlines asked the U.S. Treasury to move quickly to release up to $58 billion in government grants and loans and recommended a formula to divide up the money.

Australia's Qantas Airways Ltd said on Monday that pilots had voted in favour of a pay deal that would pave the way for the airline to fly the world's longest non-stop commercial flights from Sydney to London.

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LATAM Airlines, Latin America's largest carrier, said on Sunday that it will suspend further international routes until the end of April due to travel restrictions and lower demand amid a global coronavirus pandemic.

Syria's health ministry said on Sunday that a woman who died after being rushed to hospital for emergency treatment was found to have been infected by coronavirus in the country's first officially reported death from the disease.

Saudi Arabia halted entry and exit into Jeddah governorate on Sunday, expanding lockdown rules as it reported four new deaths from a coronavirus outbreak that continues to spread in the region despite drastic measures to contain it.

Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning that the Middle East carrier could soon run out of the cash needed to continue flying.

Malaysia’s Top Glove Corporation Bhd, which makes one in every five gloves globally, expects a product shortage as demand from Europe and the United States spikes because of the widening coronavirus outbreak is exceeding its capacity.

U.S. clothing rental firm Rent the Runway said on Saturday it had laid off retail employees following temporary store closures amid the ongoing coronavirus outbreak.

A growing number of imported coronavirus cases in China risked fanning a second wave of infections when domestic transmissions had "basically been stopped", a senior health official said on Sunday, while eased travel curbs may also add to domestic risks.