By Patturaja Murugaboopathy
March 18 (Reuters) - Global airlines are fast running out of cash after cutting capacity by 90% or even grounding entire fleets due to the broad travel restrictions to contain the spread of the coronavirus, calling into question the survival of several firms.
The outbreak of the flu-like virus has wiped 41%, or $157 billion, off the share value of the world's 116 listed airlines, with many using up their cash so fast they can now cover less than two months of expenses, a Reuters analysis showed.
The industry's main global body, the International Air Transport Association (IATA), estimates the sector needs up to $200 billion in government support to help airlines survive. following charts show airlines' liquidity ratios, and their changes in cash and debt levels against core earnings.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Airlines' change in cash levels
https://tmsnrt.rs/2TZHviB Airline firms' current ratios
https://tmsnrt.rs/2TXRnck Airline firms' net debt-to-EBITDA ratios
https://tmsnrt.rs/2xIiL5z Cash on hand by region
https://tmsnrt.rs/39ZJt87 Airline firms' debt-to-equity ratios
https://tmsnrt.rs/2UgUPhv Airline market cap
https://tmsnrt.rs/2IX5lVC
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