With the industry still largely a hostage to forces beyond its control, any sign of life in airline stocks ought to trigger further, dilutive capital raises.

• 由于航空业依然在很大程度上受制于自身无法控制的外部因素，因此任何显示航空股恢复活力的迹象都会触发进一步的、带来稀释效应的筹资活动。