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United Airlines says that its CEO and president will forgo their bases salaries through until the end of June, CNBC reports.
Passenger fears about the coronavirus have hit demand, and the airline has already announced dramatic cuts to its schedule both domestically and internationally.
JetBlue, American Airlines and Delta Air Lines are making similar cuts.
United announced it would cut its North American flight schedule by 10 per cent in April, and its international schedule by 20 per cent. These cuts would likely last up and beyond May, and depending on demand.
Delta is making the biggest cuts to capacity, announcing on Tuesday that it will reduce international flights by as much as 25 per cent and domestic capacity up to 15 per cent. These cuts include up to a 20 per cent drop in Transatlantic services and a 65 per cent reduction to routes across the Pacific.
American will cut 10 per cent of capacity from its peak summer schedule, including slashing 55 per cent capacity from flights to Asia. Flights to mainland China were halted several weeks ago, and that will be extended until October. The airline is suspending routes from the US to Rome, Milan, Venice, Madrid, Barcelona and Paris. In April, domestic capacity will be cut by 7.5 per cent.
JetBlue is cutting its schedule by 5 per cent and will continue to monitor the situation, making adjustments where required depending on demand.
The Trump administration intends to support the travel industry through this challenging time, working with airlines, hotels, and cruise lines. It is unclear what a support package might look like.