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BRIEF-Alaska Air Has Seen Material Reduction In Bookings, Spike In Cancellations Due To Coronavirus

Cancellations Due To Coronavirus@

March 10 (Reuters) - Alaska Air Group Inc:

* ALASKA AIR GROUP EXEC SAYS HAS SEEN A MATERIAL REDUCTION IN BOOKINGS, SPIKE IN CANCELLATIONS DUE TO CORONAVIRUS - JP MORGAN CONFERENCE

* ALASKA AIR GROUP EXEC SAYS SAW 270,000 CANCELLATIONS FOR MONTH OF FEBRUARY; DIFFICULT TO PREDICT FURTHER IMPACT OF CORONAVIRUS- JP MORGAN CONFERENCE

* ALASKA AIR GROUP EXEC SAYS THERE STILL APPEARS TO BE DEMAND FOR TRAVEL; CONSIDERING CUTTING CAPACITY BY 3%, INCLUDING SOME RED-EYE FLIGHTS- CONFERENCE

* ALASKA AIR GROUP EXEC SAYS INTENDS TO OPERATE AS LONG AS CORONAVIRUS RISK TO GENERAL PUBLIC IN U.S. REMAINS LOW - CONFERENCE

* ALASKA AIR GROUP EXEC SAYS SINCE FEB 24, CO HAS SEEN 265,000 FEWER BOOKINGS THAN IN 2019 FOR MARCH DEPARTURES - CONFERENCE

* ALASKA AIR GROUP EXEC SAYS HAVE NOT ANNOUNCED BROAD CAPACITY REDUCTIONS AND ARE NOT PREPARED TO DO SO TODAY - CONFERENCE

* ALASKA AIR SAYS REVIEWING FINAL PLANNED LEVEL OF CAPACITY FOR MAY AND BEYOND; COULD ANNOUNCE FURTHER CAPACITY CHANGES AS SITUATION WARRANTS- CONF

* ALASKA AIR EXEC SAYS WILL AGGRESSIVELY GO AFTER CASH NEGATIVE FLIGHTS FOR CAPACITY CUTS FOR MARCH AND APRIL - CONF Further company coverage: