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Southwest says 'seriously considering' cutting flights in short term

Published 03/14/2020, 05:42 PM
Updated 03/14/2020, 05:46 PM
Southwest says 'seriously considering' cutting flights in short term
LUV
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By Tracy Rucinski

CHICAGO (Reuters) - Southwest Airlines (N:LUV), one of the few U.S. airlines still flying a full schedule even as the spreading coronavirus has sapped demand, said on Saturday it was "seriously considering" cutting flights in the short term.

Southwest spokeswoman Michelle Agnew said the company would monitor demand for additional reductions after a first round of cuts, which one source familiar with the matter said could be announced by Wednesday.

Agnew said the company did not have any more details to share at this time.

The low-cost carrier does not fly to any of the destinations that have been affected by health alerts and a growing list of U.S. travel restrictions as coronavirus cases climb worldwide.

However, the airline had already warned that the epidemic could wipe up to $300 million from its first-quarter operating revenue, with Chief Executive Gary Kelly warning earlier this month that reducing prices would not address consumer fear.

Latest comments

ALL THIS B//S about corona virus is hurting so  many businesses, when the death rate in north America is about 1% of the common flu, during the past 4 months.  Unbelievable how gullible the public is, when the media wants to milk a story for all it can get...……….
There is definitely the component of the media trying to milk the story as always. But at the same time, this is a novel virus, and we are testing only about 23-35 people per million. Imagine if we started testing at the rate of countries like South Korea, around 3500-4000 per million. We would likely find one to two orders of magnitude more cases. Better safe than sorry.
You must be a Trump supporter with such a naive comment you made.
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