Carriers around the world will face financial consequences and a customer backlash if they do not improve their working practices, a senior executive from Cathay Pacific has cautioned.

Air France’s low-cost offshoot Joon remains confident that its offering is strong enough to retain and attract customers in the face of stern competition from low-cost carriers, a conference has heard.

Ongoing profitability challenges in the aviation sector require more innovative solutions, says a leading industry figure.