Coronaios: Faced with bankruptcy 1 in 4 airports in Europe

One in four airports in Europe is expected to go bankrupt if travel demand fails to recover due to the coronavirus pandemic. According to Bloomberg, the European Union of Airports ACI Europe predicts that, if travel restrictions and quarantine continue to apply to passengers, 193 of Europe’s 740 airports will soon be unable to afford “The figures published today show a very bleak picture,” said Olivier Jankovec, the general manager. “Eight months after the crisis, all of Europe’s airports are running out of liquidity to stay open, with revenues far below what is needed to cover business costs.” Air carriers and airports are hardest hit by pandemics have repeatedly called for systematic, universal checks at airports worldwide. In tests, the industry sees the only hope for a recovery in travel demand that remains weak, as many are discouraged from being quarantined if they travel. Boeing raises thousands of job cuts 130,000 employees by the end of 2021. This means that it now plans to lay off 30,000 employees instead of 19,000, as it announced three months ago. It also reported losses of $ 449 million for the third quarter, while for the same period last year it had a profit of 1 $ 17 billion. Revenue was $ 14.14 billion, down 29%. Follow Google News and be the first to know all the latest news from Greece and the world

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