25-Feb-2021 8:52 AM
COVID-19 Cash Burn Continues - Urgent Preparations for Restart
Direct News Source
The International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022.
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This press release was sourced from IATA on 24-Feb-2021.