Poll: Which Region Will Likely See The Greatest Number Of Airline Bankruptcies Related To COVID-19?

Air France-KLM, EasyJet, International Airlines Group and Ryanair all said Mar. 16 that they will cut most of their flights in the coming days as travel restrictions push demand for air transport close to zero.

The developments come as the European Commission is proposing a 30-day ban on all non-essential travel into and out of the European Union; member states still have to approve the plan before its implementation.

Meanwhile in a joint statement the three global airline alliances—Oneworld, Skyteam and Star Alliance—urged governments “to evaluate all possible means to assist the airline industry during this unprecedented period” of the COVID-19 coronavirus spread.

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