Southwest Airlines sees more cancellations than bookings amid coronavirus crisis

Southwest Airlines sees more cancellations than bookings amid coronavirus crisis

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Southwest Airlines is following the lead of other airlines in suspending 2020 financial guidance and slashing capacity as the coronavirus takes an unprecedented toll on commercial aviation. Dallas-based Southwest Airlines Co. (NYSE: LUV) has recently experienced several days of net negative bookings. That means it's had more cancellations than new bookings, particularly for its schedule in March and April, the company said in a regulatory filing Monday afternoon. Southwest is the second largest…

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