The End of Interjet Seems Inevitable
In 2020, as a result of the COVID-19 pandemic, numerous small cash-strapped and debt-heavy airlines shuttered operations. The combination of significantly decreased demand for air travel and a global economic crisis proved too much for a number of airlines. While sadly, this was expected, the COVID-19 pandemic is beginning to impact larger airlines. The most recent stimulus bill in the United States proves as much as debt-burdened carriers like American Airlines and United Airlines successfully secured billions of dollars in cash. However, while American Airlines and United Airlines may face financial difficulties in the future, an impending collapse or...
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