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Stock impact report

Los Angeles sees biggest drop of airplane travel in LAX history, mayor says [CNN]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: CNN
(CNN) —Across the , the number of people traveling by plane has dropped significantly as the coronavirus pandemic has forced millions to stay indoors -- and the mayor of Los Angeles says 95% of air travel has stopped in his city.Mayor Eric Garcetti said it's the biggest drop in flights in Los Angeles International Airport's (LAX) history. Los Angeles has the fourth busiest airport in the world, according to Garcetti. LAX is the number one busiest airport in this country of origination and destination, he said during a news conference Thursday.He talked about how devastating this will be for the city and recalled how during 9/11, plane travel dropped about 55% and it took 10 years to come back.Related contentAirlines and TSA report 96% drop in air travel as pandemic continuesLast week,Transportation Security Administration officersThe drop in passengers and orders across much of the country to stay at home have caused airlines to cut 71% of their capacity, according to Airlines for Am Show less Read more
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