Airlines face cash crunch as travel revival fears grow
Second summer lost to the coronavirus crisis could trigger a spate of airline failures and bankruptcy filings
26 March 2021 - 09:04
The latest setbacks to the return of air travel are stoking concern that a cash crunch is about to bear down on the airline industry.
A second summer lost to the coronavirus crisis would likely trigger a spate of airline failures and bankruptcy filings, alongside a repeat of 2020s bailouts, job cuts, and jetliner deferrals and cancellations, according consultants IBA Group...
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