Mounting concern over the new coronavirus outbreak has caused school closures and movie premiere pushbacks, and now the crisis' effect on the aviation industry is drawing comparisons to 9/11.
Southwest Airlines CEO Gary Kelly told CNBC on Thursday that the company has lost several hundred million dollars in a week's time thanks to a decline in bookings amid increasing fears over COVID-19. Kelly added that the drop-off was "noticeable" and "precipitous" and has continued declining on a daily basis.
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