IATA: Airlines facing rapid cash burn

Written by George Taylor, March 31, 2020

IATA: Airlines facing rapid cash burn

The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of $39 billion. This analysis is based on the impact assessment IATA released last week, under a scenario in which […]

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