Presumably everyone is tired of hearing about COVID-19. However, there is no doubt that its all-encompassing impact on the world’s economic activity has adversely affected most industries, including transportation, and has ultimately affected companies’ balance sheets. IATA reported that in April 2020, global aviation demand was down by 94.3 percent compared to April 2019. By … Continue Reading
The COVID-19 pandemic has taken the world largely by surprise, especially as regards the speed with which countries have closed their borders, restricted travel and seen a sharp drop in economic activity. The outbreak has had a significant negative impact on the aviation and shipping sectors, with an increasing number of countries partially or totally … Continue Reading
