Southwest projects up to $300M revenue hit this quarter due to coronavirus

Southwest Airlines Co. expects the coronavirus to have between a $200 million and $300 million impact on first quarter operating revenue, the Dallas-based carrier said in a regulatory filing Thursday. For the first two months of the year, Southwest (NYSE: LUV) said it experienced healthy bookings in line with guidance. That has changed "in recent days," the airline said, as there's been a significant demand decline and passengers are canceling trips. The softening demand "is assumed to be attributable…