United Airlines to Cut Capacity by 50% Amidst Coronavirus Outbreak
United Airlines said it will announce cuts in capacity by “approximately 50%” for April and May as a result of travel bans and a drop in demand due to the novel coronavirus.
“Tomorrow, we will announce an approximately 50% cut in capacity for April and May,” it said a letter from Oscar Munoz, the airlne’s CEO, and Scott Kirby, its president.
The airline added that it expects the cuts to extend into the busy summer travel period.
The Chicago-based carrier also said that it expects load factors to drop into the 20% to 30% range during this period “if things don’t get worse.” The term “load factor” refers to the total percentage of seats that are filled for an airline, a figure known as traffic, compared to the total number of seats that are available, otherwise known as capacity.
(Photo: Accura Media Group)