United Airlines to cut capacity by 50% over the coronavirus

United Airlines said in a statement Sunday it will cut capacity by about 50% for April and May from Monday, as the airline sees a drop in demand because of the novel coronavirus outbreak.

The big picture: The announcement comes after Delta Airlines announced Friday it would reduce its flight capacity by 40% for the next four months over the outbreak. United said even with the cuts it announced, "we're expecting load factors to drop into the 20–30% range — and that's if things don't get worse."

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Editor's note: This article has been updated with more comment from United and context.