JetBlue’s CEO said the fallout from the coronavirus outbreak is worse than after 9/11. Here’s what airlines did then, and what they’re doing now.

JetBlue’s CEO said the fallout from the coronavirus outbreak is worse than after 9/11. Here’s what airlines did then, and what they’re doing now.

Business·2020-03-13 00:58

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An American Airlines airplane sits on the tarmac at LAX in Los Angeles

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Reuters

Airlines have been hit hard by the coronavirus outbreak, from travel restrictions to consumer fears.

JetBlue CEO Robin Hayes recently said that the demand for flights has fallen more from the coronavirus than it did after 9/11.

Here’s what airlines did after 9/11, and how that could inform what they do during the coronavirus pandemic.

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President Donald Trump on Wednesday announced the US was banning most flights from Europe to the states in an effort to stem the spread of COVID-19, the disease caused by the coronavirus.

Airlines have been hit harder by the coronavirus outbreak than they were after 9/11, according to JetBlue CEO Robin Hayes.

Hayes said on CNBC that the airline industry was hit by a 30% decline in demand from August 2001 to October 2001.

Southwest Airlines CEO Gary Kelly also told CNBC that the decline in demand from the coronavirus outbreak is similar to that in 2001, saying that “it has a 9/11-like feel.”

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