IAG CEO: Milan Flight Demand Halved Because of Coronavirus

The video discusses the impact of fluctuating demand on airlines, particularly in Asia and Europe, due to events like the coronavirus outbreak. Airlines have adjusted capacity by reducing flights and using smaller aircraft. Corporate travel has declined, while leisure travel remains stable. The video also explores potential airline failures and market consolidation, challenges in building Heathrow's third runway, and a leadership transition within the airline industry.

What factors are contributing to the potential failure of some airlines?

What challenges are associated with the construction of a third runway at Heathrow?

How does the speaker feel about leaving the airline industry?