American Airlines is reportedly capping fares for travelers leaving Europe following the US travel ban amid coronavirus pandemic

• American Airlines is reportedly capping fares for travelers flying from Europe to the US.
• The move is reportedly a response to a 30-day travel ban declared by the US President Donald Trump Wednesday night, in response to the coronavirus pandemic.
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American Airlines said on Thursday that it would cap fares for travelers flying to the US from Europe, following a travel ban declared by the US President Donald Trump in an address to the nation Wednesday night.

CNBC reported the news amid a market rout that saw American shares fall 11% before trading was halted.

Trump made the decision as the COVID-19 coronavirus outbreak worsens internationally and intensifies in the US.

This is a developing story. Check back for updates.

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