Airline

Airline debt to rise by $550 by year-end says IATA

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Airline debt to rise by $550 by year-end says IATA

According to analysis by the International Air Transport Association (IATA) the impact of COVID 19 on the aviation sector could see total debt balloon to $550 billion by the end of 2020 – a $120 billion in increase on the start of the year. According to IATA $67 billion of the new debt is composed...

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