Aerospace Technlogy

The International Air Transport Association (IATA) has revealed in its latest analysis that the global airline industry is expected to stay cash negative throughout this year due to the impact of the coronavirus (Covid-19) pandemic.

Its previous analysis in November 2020 showed that the industry is expected to turn cash positive in Q4 2021.

According to the latest estimation, airlines are not expected to be cash positive until next year...read here