Airlines say survival depends on bailouts, reopened borders

Travelers wearing masks, waiting to go through checkpoint at airport in Greece.

The International Air Transport Association (IATA) is frustrated that governments aren’t doing more to help the airline industry survive the coronavirus pandemic. It is pleading for quick reopening of borders and assistance to help airlines maintain liquidity.

International passenger demand fell 91.9% in July compared to the same month last year — a slight improvement from the 96.8% contraction the industry recorded in June. International capacity fell 85.2% year-over-year. Overall, global...

https://www.freightwaves.com/news/iata

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