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Aviation Blog

Airlines' Debt Pile Hits $340 Billion as Covid Chokes Travel – Bloomberg

Airlines are piling on more debt as surging coronavirus cases force travelers to cancel plans and stay home. 
The industry’s outstanding debt has jumped 23% since 2020 to $340 billion, according to data compiled by Bloomberg. So far this year, global air carriers have sold $63 billion in bonds and loans. 

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