On October 16th, Global aviation institutions International Air Transport Association (IATA) Director General Willie Walsh stated that the delivery delays of Airbus and Boeing are very frustrating, and the situation has not improved. Walsh said: "I think this will be a problem that will persist in the coming years. The information I received from airline CEOs is that the situation does not seem to be getting worse, it seems to have bottomed out or stabilized, but has not improved yet."