Which airline became the first to go bankrupt after the cronovirus pandemic?
Correct answer: D. Flybe
- A. Cathy Pacific
- B. Avianca
- C. Virgin Australia
- D. Flybe
Explanation
Flybe collapsed in March 2020 after severe financial problems were worsened by the COVID-19 crisis, and it was widely described as the first major airline casualty of the pandemic. Virgin Australia entered administration later, in April 2020.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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