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Traditional airlines can't see the end of the tunnel

2020-09-13T20:37:49.161Z


The International Air Transport Association calls for continued government aid to avoid bankruptcy.Anxious fronts, demolished mines. And often the same unanswered question: " But how are we going to get by?" “Whether they are very large (Air France KLM, British Airways…) or smaller (Corsair, Virgin Atlantic…), traditional companies hoped to restart a take-off this summer after the traffic collapse in the spring. They are at their expense. According to Iata, which federates 280 air carriers in t


Anxious fronts, demolished mines.

And often the same unanswered question: "

But how are we going to get by?"

“Whether they are very large (Air France KLM, British Airways…) or smaller (Corsair, Virgin Atlantic…), traditional companies hoped to restart a take-off this summer after the traffic collapse in the spring.

They are at their expense.

According to Iata, which federates 280 air carriers in the world, activity was weaker than expected in July.

With sluggish traffic for long-haul flights (-91.9%).

And business customers still have absent subscribers.

Read also:

The survival of the Air France-KLM alliance is not "automatic", warns The Hague

"For the flagship companies of their country like Air France or Lufthansa, it is a hard blow, because it is on long-haul and business class that they make the bulk of their margins,

" says Xavier Tytelman, Air Transport Specialist at CGI Consulting Firm.

And the resumption of the pandemic leaves little hope in the coming weeks on the revival of flights to other countries

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Source: lefigaro

All business articles on 2020-09-13

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