Walsh: political indecision on airport capacity will damage UK economy Speaking at the Telegraph's Festival of Business, the boss of IAG, which owns British Airways, said he had full confidence that Sir Howard Davies would produce a "professional, good report." But he said: "My concern is that it will sit on a shelf somewhere, like previous commission reports like this." He added: "The big fear that I have that over time, not today not tomorrow, five years from now definitely, 15 years from now, we will look back at the decision we've made and we will be saying how did we allow ourselves to get into this position?" The argument that the UK should shut down some routes to countries like America in favour of opening new route to Asia was "madness" said Mr Walsh. "We need to keep all our existing trade links and build on them and establish new trade links," he said. He said the UK economy was "suffering today" from a lack of capacity "but not to the extent we will be in 5,10,15 years time." Even so, he said he was "optimistic about the economy" going into next year. He said the global economy was "better today than it was 6,12 months ago and I think 2014 will be better still."