IAG CEO Walsh Says Industry Would Benefit From Consolidation

The video discusses the consolidation trends in the airline industry, comparing the United States and Europe. It highlights the challenges faced by the industry, including market conditions and air traffic control issues. The speaker addresses hedging strategies to manage volatility and the impact of government involvement in airlines. The discussion also covers Brexit and its implications for trade relationships between the UK and the EU.

What are the perceived effects of consolidation in the airline industry according to the speaker?

How does the speaker describe the current market conditions for airlines?

What challenges does the speaker mention regarding the ATC environment in Europe?

What is the speaker's opinion on government involvement in airline ownership?

What does the speaker expect regarding the future trading relationship between the UK and the EU?