{"id":377189,"date":"2020-10-07T11:50:14","date_gmt":"2020-10-07T06:20:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=377189"},"modified":"2020-10-07T11:50:14","modified_gmt":"2020-10-07T06:20:14","slug":"airlines-warn-of-more-bankruptcies-as-wage-support-ends","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/airlines-warn-of-more-bankruptcies-as-wage-support-ends\/","title":{"rendered":"Airlines warn of more bankruptcies as wage support ends"},"content":{"rendered":"<p>Global airlines warned on Tuesday that the coronavirus-stricken industry was on course to burn through another $77 billion in cash in the second half of 2020, calling on governments to renew expiring wage support programmes.<\/p>\n<p>&#8220;The issue now is that aid, particularly the wage subsidies, is starting to be withdrawn,&#8221; Brian Pearce, chief economist at the International Air Transport Association (IATA), told reporters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global airlines warned on Tuesday that the coronavirus-stricken industry was on course to burn through another $77 billion in cash in the second half of 2020, calling on governments to renew expiring wage support programmes. &#8220;The issue now is that aid, particularly the wage subsidies, is starting to be withdrawn,&#8221; Brian Pearce, chief economist at the International Air Transport Association (IATA), told reporters.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-377189","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377189","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=377189"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377189\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=377189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=377189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=377189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}