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United Airlines booking crater about coronavirus fears – Business Traveler

United Airlines reported this week that domestic flight bookings have fallen by 70% and cuts in services are being contemplated in response to travel decline related to the coronavirus.

CNBC reports that the airline noted that the drop in reservations in the United States adds to the slump in air travel to Asia and Europe.

“While these numbers are encouraging compared to international ones, we are planning that public concerns about the virus will get worse before they improve,” said US President Scott Kirby.

Kirby said the airline plans to cut 20% of its flights in May and to make further cuts “every following month to be at least as big or bigger until we see concrete signs of a return in demand”.

The quotes have been made before President Trump has announced new travel restrictions between Europe and the United States, banning travel from 26 countries within the Schengen borderless travel area to the United States.

The airline expects revenue to drop 70% in April and May and 60% in June and will also scale back a previously announced $ 4.5 billion capital expenditure plan.

Kirby said the airline has tax reserves to resist the coronavirus crisis and that no U.S. government intervention is expected.

united.com

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