'Drastic surgery' needed as airlines face another tough year The report, by PwC, said there is likely to be more airline casualties and for those carriers that manage to survive the ability to thrive will be more challenging. Norwegian Air's Irish subsidiary was wound up last week. File Picture Mon, 18 Jan, 2021 - 00:05 Geoff Percival The airline industry will see further consolidation this year and will need ongoing access to emergency liquidity, including government funding, the latest outlook for the sector has predicted. The report, by PwC, said there is likely to be more airline casualties and for those carriers that manage to survive the ability to thrive will be more challenging.