European airlines outlook: extra debt test sector’s poor cash-generating capacity

Singapore freight forwarders – Star Concord
07-Sep-2020
Government support has helped large European network carriers avert a liquidity crisis, with air traffic to fall at least 50% in 2020. Deleveraging after the COVID-19 crisis will be a challenge for a sector not known for rich free cash flow generation. Scope Ratings says European airlines secured direct financial government support of more than […]

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Author: James Graham