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The financial burden for airlines is huge, the estimated short fall in revenue is by $115 B of global airline revenue in 2020. So basically all airlines in the
by moltar 7y ago
The financial burden for airlines is huge, the estimated short fall in revenue is by $115 B of global airline revenue in 2020.
So basically all airlines in the world would have to save 100% of profit for 5 years to survive a force major type of event?
This is simply not possible in any line business.