


| PIA among carriers at risk of going bankrupt |
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While the list focuses on Asia, mostly due to high debt levels, European carriers aren’t immune, as the collapse of UK regional airline Flybe Group Plc proved. According to Altman, scores of 1.8 or below indicate a risk of bankruptcy and scores over 3 suggest sound footing.
Posted: 2020-03-28 06:22:00
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