AtRiskOfInsolvency

“The Worst Isn’t Behind Us” – These Are The World’s Most At-Risk-Of-Insolvency Airlines

It’s no secret by now the worldwide airline industry will lose more than a hundred billion dollars this year because of the virus pandemic that has caused an unprecedented crash of the travel and tourism industry in nearly every country. Unless governments increase financial aid, at least eight major airlines are at risk of bankruptcy.  Using the Z-score…