News Snapshot:
(Bloomberg) -- Hong Kong has ceased to function as an international aviation hub as it curbs inbound flights and quarantines arriving passengers, according to a trade group representing hundreds of airlines worldwide. “It’s effectively off the map now, and I think it’s going to be difficult for Hong Kong to recover,” Willie Walsh, director general of the International Air Transport Association, said at a briefing Wednesday. “It’s going to lag significantly behind the recovery that we’re seeing elsewhere and has led to a tough time for all airlines operating there.” Even the city’s shortened isolation requirements for arriving passengers --...