Airlines try cheap fares to get the world flying again



Nation | by Bloomberg News


The nightmare year of 2020 brought the airline industry’s first decade of sustained profitability to a shuddering halt. The coronavirus pandemic tore through in a tumultuous, unprecedented way — leaving carriers in a deep hole, along with a constellation of aerospace manufacturers, airports and leasing firms.

The New Year is shaping up to be a transition period for an enterprise that takes passengers on the equivalent of 208 million annual trips around the globe…

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