U.S. airlines ditch 2020 forecasts, slash flights and costs on virus hit

March 10, 2020 admin Business News Comments Off on U.S. airlines ditch 2020 forecasts, slash flights and costs on virus hit

Leading U.S. airlines American and Delta suspended 2020 financial forecasts on Tuesday and took drastic further measures to combat the impact of the coronavirus, while United announced a capital raising and said it would post a first-quarter loss.

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Source:: Reuters – Business News