Airline industry braces for lengthy recovery from coronavirus crisis

Airline industry braces for lengthy recovery from coronavirus crisis

By Ritu, Capital Sands International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic. Carriers including United Airlines Holdings Inc and Air New Zealand Ltd have warned they are […]

Sterling to regain some lost ground but forecasts slashed

By Administrator_India Capital Sands Britain’s pound will have regained some of its lost ground against the dollar in a year but forecast was slashed from a month ago as the coronavirus pandemic continues to wreak havoc globally. Sterling has been hammered in recent weeks as fears about the economic impact of the pandemic sent investors […]