German airline giant Lufthansa has said that it will slash capacity by half in the coming weeks, as the group battles “drastic declines in bookings and numerous flight cancellations” prompted by the novel coronavirus, reported AFP.

“Based on further demand development, capacity will be reduced by up to 50 per cent in the coming weeks,” Lufthansa said in a statement, after announcing on Monday it would cut its flight plan by 25 per cent.