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What airlines did after 9/11, and what they're doing now as they deal with the fallout from the coronavirus pandemic and US travel ban

Bryan Pietsch   

What airlines did after 9/11, and what they're doing now as they deal with the fallout from the coronavirus pandemic and US travel ban
Business1 min read
An American Airlines airplane sits on the tarmac at LAX in Los Angeles, California, U.S., March 4, 2019. Picture taken March 4, 2019. REUTERS/Lucy Nicholson/File Photo

Reuters

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

  • 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.
  • Visit Business Insider's homepage for more stories.

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 2011, saying that "it has a 9/11-like feel."

Here's how airlines were impacted after 9/11, what they did, and what they're doing now to handle the fallout from the coronavirus pandemic.


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