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Southwest to cancel 1,500 daily flights starting March 27

Southwest Airlines
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Southwest Airlines will cancel 1,500 daily flights starting March 27, an increase from what the Dallas-based airline said several days prior as demand for air travel plummets even more.

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Southwest Airlines Co. (NYSE: LUV) flies about 4,000 flights a day normally, meaning the cancellations represent nearly 40 percent of the airline's daily service.

"We'll implement the cancellations on a rolling, multiple-day basis to provide customers with advance notice of changes and alternate flight options," a Southwest spokesperson said in a statement.

Southwest is the second largest carrier at Phoenix Sky Harbor International Airport behind American Airlines.

For more on the cuts, visit the Phoenix Business Journal.