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Alaska Airlines to Slash Capacity by 70%, Suspends Dividends

Submitted
Alaska Air Group’s ALK subsidiary Alaska Airlines plans to reduce capacity by 70% for April and May due to “historic and unprecedented” decline in demand as coronavirus concerns evolve. The company is witnessing more than 80% drop in demand. Given the current crisis, the carrier expects to make such large number of flight cancelations in the next several months as well. (finance.yahoo.com) More...

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pilot62
Scott Campbell -2
He may the first president to get his term extended for one year,while we wait to vote

[This comment has been downvoted. Show anyway.]

withersfamily
Lee Withers 5
Bruce-Go Away!

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