As the airline industry faces a dramatic drop in travel demand amid the spread of the coronavirus globally, this week's chart of the week focusses on whether airlines have enough cash in their balance sheets to absorb this cash flow shock. The chart depicts how many months of revenue loss could be covered by the cash and equivalents that airlines have in their balance sheets. It is important to note that balance sheet cash and equivalents are not the only source of liquidity. For example, access to credit lines could provide an additional source of liquidity during the crisis …read more