COVID-19 forces US airlines to start pulling down capacity

Premium Analysis

The wide ranging effects of the Coronavirus COVID-19 on the global aviation continue unabated, forcing a significant shift in IATA's estimates for the revenue hit that airlines will take as the virus continues to rapidly spread.

In the US, United has taken an unprecedented move and pulled down significant domestic and international capacity for Apr-2020, and JetBlue has also slashed its capacity.

With those moves, the question is not if, but when, other US airlines will follow suit as demand continues to diminish unabated. Southwest Airlines, which does not offer long haul international flights, has recently cited a sharp drop in demand.

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