Credit: Reagan International Airport / Twitter
The world’s airlines stand to burn through $77 billion in the second half of 2020 and are not expected to become cash positive until 2022, IATA said Oct. 6 in a grim update on the financial outlook for the industry. The 2020 second quarter was likely the worst for cash burn, with airlines...
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IATA Warns Airlines Will Not Turn Cash Positive Until 2022 is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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