ABU DHABI / WAM The Association of Southeast Asian Nations (ASEAN) Committee, which consists of ...
Read More »Covid-19: Airlines’ debt pile hits $340b
Bloomberg Airlines are piling on more debt as surging coronavirus cases force travellers to cancel plans and stay home. The industry’s outstanding debt has jumped 23% since 2020 to $340 billion, according to data compiled by Bloomberg. So far this year, global air carriers have sold $63 billion in bonds and loans. It’s more evidence that the industry faces a ...
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