October 28, 2020

Operation in the air and praying for Brussels

The cause-effect relationship between the outbreak of the coronavirus crisis and the impact on the accounts and on the future of companies – large and SMEs – will not be comparable to any other previously lived. And if we talk about the airline sector, we will be almost speechless with the consequences. Because the dramatic economic impact that aviation suffers today in the world already far exceeds both the one that affected them in the scenario after the 9/11 attacks in the United States and the financial crisis of 2008. After the attacks on the Twin Towers several bankruptcies occurred on the other side of the Atlantic (US Airways, Avianca …), derived from the restriction of … See more .

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