Most airlines in the world will go bankrupt by end of May as coronavirus-induced global recession looms

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As coronavirus continues to sweep through several countries, aviation experts have warned that most major airlines in the world may go bankrupt by end of May if different governments don’t quickly intervene.

The warning came shortly before the U.S president Trump said the U.S “may be” headed toward a recession as the economy continues to be battered amid the coronavirus outbreak.

Trump spoke to reporters Monday March 16 at a White House briefing as cases in the U.S. continue to spike. Read on through this link

Most airlines in the world will go bankrupt by end of May as global recession looms

 

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