U.S., Feb. 27 -- After Lufthansa informed about cutting costs due to the threat of Coronavirus, now the first airport is coming out with a similar message.

FRAPORT, operator of Frankfurt Airport and several other airports throughout the world issued the following statement.

The coronavirus outbreak is taking a heavy toll on aviation worldwide. Passenger and cargo traffic with China, and Asia overall, has already slumped massively. This is also having a major impact on Frankfurt Airport's hub operations - affecting all business areas from flight operations to ground handling, cargo and retail. To counteract this situation, Fraport is responding quickly with a range of measures to lower costs and to adjust staff deployment to this reduced...