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Alaska Airlines to Slash Capacity by 70%, Suspends Dividends
Alaska Air Group’s ALK subsidiary Alaska Airlines plans to reduce capacity by 70% for April and May due to “historic and unprecedented” decline in demand as coronavirus concerns evolve. The company is witnessing more than 80% drop in demand. Given the current crisis, the carrier expects to make such large number of flight cancelations in the next several months as well. (finance.yahoo.com) Más...He may the first president to get his term extended for one year,while we wait to vote
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