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IATA warns of imminent airline bankruptcies

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IATA warns of imminent airline bankruptcies

IATA stated yesterday that the world’s airlines are losing $300,000 per minute or $13bn per month, which will put a large number of them at risk of bankruptcy “within months”. IATA has revised its recovery estimates and now expects traffic levels in December to be 68% lower than 2019 with cris...

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