Airlines crumble around the globe amid coronavirus pandemic

Airlines crumble around the globe amid coronavirus pandemicChile’s LATAM Airlines Group SA on May 26 became the largest carrier so far to seek an emergency reorganisation during the pandemic. British regional airline said on March 5 it had entered into administration as the already struggling carrier failed to withstand the plunge in travel demand caused by the coronavirus outbreak. The Swedish airline applied for a court-administered reorganisation after demand plunged due to the spread of the novel coronavirus, it said on its website on April 6.

from Yahoo Finance https://ift.tt/2yznAip

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *