European Airlines – Coronavirus Impacts & Most At-Risk Players – 30 March 2020

  • Multi Asset
  • Industrials
  • Europe


C-level executive at Flybe Group plc


  • European airlines’ flight cancellations and fleet groundings
  • Operating leverage among major airlines and scope for flexing cost base
  • Cash burn for European players and implied survival period without bailout
  • Likely structure and beneficiaries of state bailouts


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