Airlines’ Lifeline on the Line

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Published on 29 May 2020, 14:00
The COVID-19 outbreak has caused a major disruption in the travel industry, particularly airlines. A 9 billion euro bailout of German airline Lufthansa is up in the air as the company’s board said it is “unable to approve” the rescue due to conditions put forth by officials in the European Union. A new report from the United Nations World Tourism Organization says global tourism is going to drop by 70 percent in 2020 due to the novel coronavirus pandemic.

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