ANALYSIS: COVID-19 effects bite on airlines’ Q1 results, but major losses yet to come

Published 15:41 on May 7, 2020  /  Last updated at 13:10 on September 1, 2021  /  Aviation/CORSIA, EMEA, EU ETS, International  /  No Comments

Major European airlines have reported shrinking revenues for Q1 2020 as coronavirus containment efforts ground flights and passengers, with results expected to worsen for the next two quarters as bosses predict the sector will take several years to recover.

Major European airlines have reported shrinking revenues for Q1 2020 as coronavirus containment efforts ground flights and passengers, with results expected to worsen for the next two quarters as bosses predict the sector will take several years to recover.

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