Airlines sound the alarm as bleak winter looms
AI Summary
The aviation industry is bracing for a challenging winter as IAG chief Luis Gallego warns that declining demand could push some smaller airlines to the brink of collapse. This downturn is expected to impact operations and could lead to job cuts and financial instability for these carriers. The warning underscores the fragile state of the sector, which has been struggling to recover from the effects of the pandemic, highlighting the need for strategic planning and support to navigate these tough times.
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