The world’s airlines, battered by the Covid-19 pandemic, are expected to burn through a combined US$61 billion in the next three months. Photo: EPA-EFE

Coronavirus: as Covid-19 crisis deepens, recovery hopes of battered Hong Kong, global airlines vanish over horizon

  • ‘Airlines are quickly running out of cash. It is a matter of survival,’ global airline body CEO says, predicting US$61 billion will be burned through in three months
  • Hopes hinge to a large degree on how quickly Chinese air sector can bounce back from pandemic crisis
Topic |   Hong Kong aviation
The world’s airlines, battered by the Covid-19 pandemic, are expected to burn through a combined US$61 billion in the next three months. Photo: EPA-EFE
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