CURRENTGLOBAL Airline industry expected to remain cash negative throughout 2021 — IATAEditor Selangor JournalFebruary 25, 2021 by Editor Selangor JournalFebruary 25, 2021 KUALA LUMPUR, Feb 25 — The airline industry is expected to remain cash negative throughout 2021, with estimated cash burn ranging between US$75 billion (RM303.1...
CURRENTGLOBAL Airlines: Costs slash not sufficient to neutralise cash burn — IATAEditor Selangor JournalOctober 28, 2020 by Editor Selangor JournalOctober 28, 2020 KUALA LUMPUR, Oct 28 — The airline industry will not be able to slash costs sufficiently to neutralise severe cash burn and avoid bankruptcies and...