(Financial Institutions and Markets)

please answer with your own words and be aware of plagiarism

In the wake of COVID-19, the companies in the airways industry have experienced a considerable decline in their profitability, a commercial bank is concerned about the financial ability of borrowing companies in airways industry to serve the debt (repay loans). As a financial consultant, what type of derivatives you would recommend the bank to buy in order to hedge against this risk? Explain why.