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Monday 2 November 2020

These are the airlines teetering on the brink of Covid ruin, shows data from Z-score bankruptcy gauge

IATA, in a new analysis released last week, said total industry revenues next year are expected to be down 46% on 2019’s $838 billion. Without additional government financial relief, the median airline has just 8.5 months of cash remaining at current burn rates.

from Transportation-Industry-Economic Times https://ift.tt/3eoUiUk

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