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Many of the world’s airlines could be bankrupt by May because of the COVID-19 crisis, according to an aviation consultancy. These airlines have already collapsed because of the pandemic.

The aviation consultant CAPA warned that “most” of the world’s airlines could be bankrupt by the end of May, due to the ongoing coronavirus pandemic. Although President Donald Trump signed a $US58 billion bailout for the airline industry into law on last month, it’s possible that it won’t be enough […]
Many of the world’s airlines could be bankrupt by May because of the COVID-19 crisis, according to an aviation consultancy. These airlines have already collapsed because of the pandemic.