Head of airlines group IATA confident industry will return to profitability in 2023

The head of the world's biggest airline trade body said on Monday that he remains confident that the industry will return to profitability in 2023, even though there may still be a disconnect between capacity and demand until the first quarter.

Speaking on a panel in Doha, International Air Transport Association (IATA) Director General Willie Walsh added that he is "not concerned" about the current demand and supply environment.