BBCNEWS Business Briefing March 25, 2020
The uk chancellor rishi sunak has told airlines to find other forms of funding and not turn first to the government for Financial Assistance as they navigate through the coronavirus crisis. This comes as the International Air transport association, or iata says that air travel revenues could suffer by more than 250 billion. That would be a 44 fall from last years figure. And that is based on the scenario that the severe travel restrictions currently in place would last for up to three months followed by a gradual economic recovery later this year. Mrsunak is urging airlines to try and raise mo...