The Airlines Most in Danger of Going Under During the Crisis

The global airline industry has never had it so bad. Not even after the 9/11 terrorist attacks. Airlines could lose a quarter of a trillion dollars in revenue this year, according to the International Air Transport Association, as travel comes to a standstill with countries locked down to fight the coronavirus. Most carriers will go bankrupt by the end of May if they can’t find support, Sydney-based CAPA Centre for Aviation said last week. “In this very difficult period, it will only be the… (finance.yahoo.com) More...