US carriers should be able to navigate the US restriction on travel from Europe, but ratings will come under pressure and the spectre of a big name carrier defaulting on debt repayments, or even going insolvent, is now a genuine risk say analysts. The announcement by US President Trump of a 30-day ban on EU travel starting on the March poses significant downside risk for US carrier says analysts, with Cowen’s Helane Becker saying that currently 11% of American Airline’s 2019 passenger revenue came from transatlantic travel, with the figure rising to 15% for Delta and 17% for United. Following
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