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The aviation industry is one of the sectors that has been affected most by the COVID-19 pandemic. To survive, a large number of airlines are
The aviation industry is one of the sectors that has been affected most by the COVID-19 pandemic. To survive, a large number of airlines are compelled to increase their level of gearing.
Explain what it means if a company's gearing is increased and point out the advantages and disadvantages of a higher level of gearing for an airline company in the current situation.
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