Global airlines body raises alarm over bailout debts

PARIS (Reuters) - Heavy debts inherited from government bailouts and other fund-raising moves will delay the airline industry's recovery from the coronavirus crisis, a trade body said on Tuesday.Global airline debts are set to rise by more than a quarter to $550 billion (£445.06 billion) by the end of the year after governments announced $123 billion in total support, the International Air Transport Association said.That includes $67 billion of liabilities that must be repaid and $11.5 billion..