Fed aid hope keeps US airlines flying in bonds while Europeans grounded

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Fed aid hope keeps US airlines flying in bonds while Europeans grounded

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Airplane is taxiing to take off at the sunrise | chalabala - Fotolia

US and European airlines and aircraft makers have had contrasting experiences in the capital markets during the Covid-19 pandemic, highlighting the two continents’ different corporate finance cultures, as well as the way central bank support is being received in the market, writes Mike Turner.

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