Airline Debt Balloon by Heavy Debt Levels Will Weigh Down Airline Recovery

Geneva, Switzerland, May 28, 2020 / TRAVELINDEX / The International Air Transport Association (IATA) released analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. – $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion) and loan…

Source

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Copyright © 2020 hoteltalks.com and Travelindex

Log in with your credentials

or    

Forgot your details?

Create Account