US start-up Avatar calls for bailout cash

US start-up carrier Avatar Airlines, has written to the federal authorities to access the emergency financial assistance for passenger airlines, despite not planning to start operations until 2021 In fact, Avatar said its current operational status meant it was unimpacted by COVID 19, and as such was better placed to weather the storm than existing carriers. “With the out-break of COVID-19, and despite the efforts of the Stimulus package, there will, unfortunately, be casualties in an industry currently characterized both by high debt and high breakeven load factors,” said Avatar in a statement. “As the coronavirus  essentially shuts down one