The airline industry is never going to get back to the way it was before coronavirus, one of the industry's leading figures has said.
Looking five years ahead, Walsh forecast it would be a smaller industry and there would be fewer players. "Most airlines are restructuring in a very positive way: they're going to be more efficient and the cost base will be more variable, they'll be able to respond to crises going forward," he said. Eurocontrol, Europe's organisation for the safety of air navigation, said that European airlines such as British Airways and Ryanair had shown traffic declines of 4% over the last two weeks.
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