One in Four European Airports Face Insolvency if Travel Fails to Recover

Bloomberg

Many European airports will struggle to stave off insolvency without state help unless travel recovers from its pandemic slump by the end of the year, says Airports Council International Europe, which predicts that 193 out of 740 airports in the region will soon struggle to pay their bills while government-imposed quarantine requirements remain in place. The airfields in doubt are mainly smaller, regional hubs but still account for about 277,000 jobs, ACI said.

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