Airlines Could Start Going Bankrupt in Two-Three Months, Says IATA CEO

The video discusses the severe financial crisis facing airlines globally, with a projected loss of $252 billion in revenue and a $61 billion cash burn in the second quarter. Airlines may face bankruptcy within two to three months without government intervention. Governments have announced significant financial stimulus packages, but there is an urgent need for these funds to be implemented quickly to prevent widespread airline bankruptcies.

What are the estimated financial losses for the airline industry mentioned in the text?

How long does the text suggest airlines might run out of cash?

What actions have governments taken in response to the airline industry's financial situation?

What does the speaker suggest about the government's promises and actions?

What is the urgency expressed regarding the need for government financial support?