Cash Negative News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IATA Expects Airline Industry to Remain Cash Negative Throughout 2021 (25 Feb 2021) IATA has announced that it expects the airline industry to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Estimates for cash burn in 2021 have ballooned to the $75 billion to $95 billion range from a previously anticipated $48 billion. The following factors play into this estim...

Around that? >> tell us. >> i'll tell you $46 billion a year goes out that's not coming into social security. that's the cash negative. ok? that's largely because of the recession. fewer people working. fewer people paying social security taxes. lots of benefits being paid. got it. now, there's $105 billion a year going out, not coming in that is the result of a tax holiday. if that tax holiday is extended into 2012, as the president wants, you got another $105 billion going out that's not coming in. total -- $260 billion added to the deficit in a two-year period. how did you get to grips with...