Willie Walsh: Aviation is brutally competitive, and it will remain so

Airlines have been amongst the worst impacted sectors as the global pandemic saw a massive reduction in travel

Willie Walsh said the debt situation in the airline industry was "staggering", going beyond €547bn.

Airlines will be cautious and their route networks smaller for many years Willie Walsh has said.

The former CEO of IAG which includes Aer Lingus, British Airways and Iberia has taken up a new role as director-general of the international airline trade association IATA. He was due to retire last year when the Covid-19 pandemic hit and stayed on an extra six months to see IAG through the worst.