As storm season approaches for Asia, many airlines, airports and insurers in the region are likely to face an abnormal amount of losses, due to damage to the hundreds of aircraft grounded by the COVID-19 pandemic.
According to a report by Reuters, several major airports in storm-prone areas such as Japan, Hong Kong, Taiwan, Thailand, the Philippines, and India are now all but parking lots for planes, with flights almost at as a standstill due to COVID-19 travel restrictions.
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