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One of the largest carriers declared bankruptcy due to coronavirus

The largest airlines in the world suffer multimillion-dollar losses due to coroanvirus and may go bankrupt.

One of the largest and most recognizable air carriers in the world, and we are talking about the airline "Flybe", is forced to cease its activities and declare bankruptcy. Until recently, the airline operated flights to 150 destinations, connecting 85 airports around the world, however, due to the "negative impact of the coronavirus," the company declared its bankruptcy.

“Despite efforts to support the airline, not least Flybe employees, the impact of COVID-19 on sales means that the consortium can no longer commit to continue its financial support.”, - the information is given by the main shareholder of Virgin Atlantic.

Experts note that there are risks for a number of Russian air carriers, this mainly refers to companies focused on charter flights, however, the situation remains relatively calm, in any case, any statements about the negative impact of the spread of infection on transportation from domestic operators not yet. However, with the start of the holiday season, risks for carriers may start to increase

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