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Southwest CEO Says Airline Hopes to Avoid Furloughs, Dropping Cities

Southwest Airlines is preparing for the worst but hoping for the best as the novel coronavirus pandemic continues to all but wipe out air travel demand.

The Dallas-based carrier has slashed its schedules by half and fortified its balance sheet with additional cash as social distancing and shelter-in-place orders have kept all but those who need to travel out of the skies. The moves aim to bridge what could be months — or years — until travelers come back in significant numbers.

Read the full article here.

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