The biggest threat to airlines in the COVID-19 crisis is a cash crunch, as revenues dry up. The International Air Transport Association (IATA) CEO, Alexandre de Juniac, warned that more than half of global carriers could “die” as cash reserves dry up, due to the dramatic cut in revenue. US and UK take different approach The UK and US governments are currently taking different stances on providing financial support to airlines. UK Chancellor, Rishi Sunak, said last week that the government … Continue reading COVID-19: US Airlines Prepare to Implement Government Aid