Here Are The Airlines Most in Danger of Going Under During the Crisis
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The global airline industry has never had it so bad. Not even after the 9/11 terrorist attacks.
Airlines could lose a quarter of a trillion dollars in revenue this year, according to the International Air Transport Association, as travel comes to a standstill with countries locked down to fight the coronavirus. Most carriers will go bankrupt by the end of May if they can't find support, Sydney-based CAPA Centre for Aviation said last week.
"In this very difficult period, it will only be the survival of the fittest" - Qatar Airways CEO Akbar Al Baker
Which airlines are most at risk? Like the virus, the crisis is indiscriminate, affecting everyone from budget operators to national flag carriers.
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