Avolon CEO says loss figure for world airlines will be ‘far greater’ than the $252bn forecast by IATA last week
8th April 2020: Avolon CEO Dómhnal Slattery said today his ‘gut instinct’ is that losses for global airlines as a result of Covid will be ‘far greater’ than IATA’s most recent estimate of $252 billion. In an interview he said that of the lessor’s 160 airline customers globally, over 150 are not flying a single aircraft ‘and the marketplace is in turmoil.’

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