Airlines can’t take risk of operating unprofitable routes in short term: Wille Walsh, IATA

Willie Walsh, Director General, International Air Transport Association (IATA), speaking at the ATM 2021, said that the aviation industry will take time to repair their balance sheets. “Airlines are not going to be able to take the risk of operating unprofitable routes in the short term,” he said. He also warned that while those airlines that survive would fill the gaps left by those that fail, they would have to be careful how quickly they rebuild.