Airline warnings

Discussion in 'Wall St. News' started by dealmaker, Mar 20, 2020.

  1. dealmaker

    dealmaker

    Airline warnings

    The bosses of easy-Jet and Lufthansa have become the latest to warn that some airlines may not survive the coronavirus crisis. Lufthansa CEO Carsten Spohr: "The longer this crisis lasts, the more likely it is that the future of aviation cannot be guaranteed without state aid." India is reportedly preparing to bail out its carriers. In related news, British Airways pilots face the halving of their pay, and Air Canada is to temporarily lay off over 5,100 workers. BBC
     
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