good and bad

In our usual quarterly review of Worldwide Flight Services’ performance we’ll highlight the main critical issues for a business that has structurally too much debt, but remains essential for the smooth running of the supply chain. Its Q1 ’20 numbers released yesterday proved that unless economic activity around the world speeds up in the second half of the year, WFS will be in serious trouble.

Its Q1 ’20 financials aren’t pretty, of course. In fact, they were dreadful well ahead of ...

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