{"id":363823,"date":"2020-07-21T09:51:45","date_gmt":"2020-07-21T04:21:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=363823"},"modified":"2020-07-21T09:54:21","modified_gmt":"2020-07-21T04:24:21","slug":"airline-industry-disruption-due-to-covid-has-far-reaching-effects-moodys","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airline-industry-disruption-due-to-covid-has-far-reaching-effects-moodys\/","title":{"rendered":"Airline industry disruption due to Covid has far-reaching effects: Moody&#8217;s"},"content":{"rendered":"<p>The global airline industry has been disproportionately affected by COVID-19 and is one of just a few industries that saw more than 90 per cent of demand fall within weeks of the global spread of the pandemic in March, Moody&#8217;s Investors Service said on Monday. <\/p>\n<p>The strain on the industry&#8217;s previous fundamentals is (and will continue to be) felt across a broad swath of the global economy well into 2022 and beyond, it said. <\/p>\n<p>&#8220;This is driven by our expectation of a gradual and protracted return of passenger traffic which will be inextricably linked to coronavirus-related health and safety concerns and the importance of passenger airline industry as a critical cog in the broader global economy,&#8221; said Moody&#8217;s in its latest credit outlook.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global airline industry has been disproportionately affected by COVID-19 and is one of just a few industries that saw more than 90 per cent of demand fall within weeks of the global spread of the pandemic in March, Moody&#8217;s Investors Service said on Monday. The strain on the industry&#8217;s previous fundamentals is (and will continue to be) felt across a broad swath of the global economy well into 2022 and beyond, it said. &#8220;This is driven by our expectation of a gradual and protracted return of passenger traffic which will be inextricably linked to coronavirus-related health and safety concerns [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-363823","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=363823"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363823\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=363823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=363823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=363823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}