Everything You Need to Know If You're Traveling During the Coronavirus Outbreak | Travel + Leisure

Travel + Leisure offers a good summary of the impact of the Coronavirus on travel:

  • More than 60,000 people have been infected and over 1,300 people have died around the world.
  • The first symptoms of Coronavirus feel a lot like the flu. 
  • Protect yourself from catching Coronavirus by washing your hands regularly and covering your mouth and nose when you cough or sneeze. Avoid close contact with people you see coughing or sneezing.
  • Wuhan is quarantined.
  • Macau has completely shut down for two weeks and none of its famous casinos will be open.
  • United, American and Delta have all suspended their service to China, citing low demand. The longest of these cancellations is with Delta, who have suspended mainland China service until April 30.

This is a helpful video from the World Health Organization:


Biggest Airlines – A Decade of Change

It is interesting to see the airlines that have grown and declined over the last decade. Measured by scheduled seats, OAG reports that American Airlines is the largest airline in the world beating out Delta, which held the top spot in 2010. Even so, Delta’s scheduled seats grew by 20% from 2010 to 2019.

Other items of interest:

  • There are four US carriers in the top ten: American (AA), Delta (DL), Southwest (WN) and United (UA). US Airways and Continental have been merged and are no longer flying.
  • China holds three spots on the top ten list: China Southern Airlines (CZ), China Eastern Airlines (MU) and Air China (CA).
  • The largest non-US carrier is Ryanair (FR), based in Ireland. Ryanair is now number 5 on the list having risen from number 7 in 2010.
  • Turkish Airways (TK) is now the tenth largest airline and easyJet (U2) based in the UK is number eight.
  • Lufthansa (LH), one of my favorite airlines, is no longer on the list.
Source: OAG

‘Museum Diplomacy’ as New Pompidou Center Opens in Shanghai – The New York Times

Situated along the banks of the Huangpu River on Shanghai’s version of Museum Mile, the new outpost is a collaboration with the West Bund Group, a Chinese state-owned development corporation that together with the local government has reportedly invested more than $3 billion in recent years to transform a former industrial neighborhood into a 7-mile waterfront cultural corridor.

‘Museum Diplomacy’ as New Pompidou Center Opens in Shanghai – The New York Times

Global Wealth: China on the Rise

Credit Suisse has released its 2019 Global wealth report. Credit Suisse analyzes the household wealth of 5.1 billion adults across the globe. The report disregards the relatively small amount of wealth owned by children on their own account which explains why the report does not account for the total world population of 7.7 billion people.

The report shows a high level of wealth inequality. The United States continues to dominate but China is on the rise at the expense of Japan.

The bottom half of adults account for less than 1% of total global wealth in mid-2019. The richest top 10% of adults have 82% of global wealth and the top 1% alone owns nearly half (45%) of all household assets.

There are 47m millionaires in the world. The United States has 18.6m of these millionaires or 40% of the total. China is second place with 10% of the total followed by Japan (6%). The UK and Germany are tied. They each have 5% of the total.

Average wealth per adult in 2019 was $70,849 (USD).

The full report is available for download along with a 179-page data book. There is a lot to mine.

Global wealth 2019: The year in review