The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
JetBlue Airways Corp expects to slash flights 70% next month and deeper cuts are likely in the carrier’s home base in New York, as the spread of coronavirus erases travel demand.
Daily departures will fall to 300 from about 1,000, JetBlue said. Flights leaving New York-area airports are slated to tumble to 60 but may dip to as few as 40, which would amount to an 80% reduction. “With coronavirus driving demand for air travel to historic lows across the globe, we expect to make further reductions on a daily basis throughout April,†it said.
JetBlue is deepening cuts to its April schedule as bookings dry up and the US government rushes to complete rules for distributing $50 billion in aid to passenger airlines.