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Air Canada, WestJet downgraded by S&P on extended cash burn

Canada’s largest airlines will burn through cash as they endure a long recovery for the industry, S&P Global Ratings said as it downgraded Air Canada and WestJet Airlines Ltd.
Air Canada won’t see revenue and capacity return to last year’s levels until 2…
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End Date: Friday Jun-12-2020 8:22:12 PDT
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