Southwest Airlines CEO sees low-fare environment when traffic returns


Southwest Airlines CEO Gary Kelly speaks during a roundtable discussion with industry executives on reopening businesses during the coronavirus disease (COVID-19) pandemic hosted by U.S. President Donald Trump as National Economic Council Director Larry Kudlow listens with others in the State Dining Room at the White House in Washington, U.S., May 29, 2020. - reuters

WASHINGTON: Southwest Airlines Co Chief Executive Officer Gary Kelly said on Friday he expects a "brutal low-fare" environment when traffic returns after coronavirus-induced restrictions ease.

"There are far more airplane seats right now, and there will be for some time, than there are customers," he said in a video message.

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