It also gives the big three air carriers, American Airlines, United Airlines and Delta Air Lines, a chance to recover part of their trans-Atlantic business. Moody's Investors Service estimates the White House decision would result in a" stronger" operating cash flow at U.S. airlines in the next six months. Trans-Atlantic flights accounted for 11% to 17% of their 2019 passenger revenues....
International business travel is not expected to recover before 2024, she said....
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2021-09-21 00:00:00.0