Dubai PR Network, Online Press Release from Dubai and Middle East
 
Aviation, Airline & Aerospace(Travel & Tourism)
Filter PR by
  
ACI and IATA Call for Urgent Industry-Wide Support to Underpin Recovery
 
  • Direct financial assistance and coordinated global action on testing needed  
  • Read Alexandre de Juniac’s remarks
 
United Arab Emirates,  October 14, 2020:   Airports Council International (ACI) World and the International Air Transport Association (IATA) reinforced the urgent call for governments to use testing as a means to safely re-open borders and re-establish global connectivity and to prevent the systemic collapse of the aviation industry with non-debt generating financial support.
 
The dual measures would protect countries from the importation of COVID-19 cases, avert an employment crisis in the travel and tourism sector, and ensure that the critical aviation structure remains viable and able to support the economic and social benefits on which the world relies.
The Air Transport Action Group (ATAG) estimates that 46 million jobs are at risk because of the loss of connectivity caused by the COVID-19 crisis. The vast majority of these (41.2 million jobs) are in the travel and tourism sector which relies on aviation. The remainder (4.8 million jobs) are spread across direct employment in aviation, including airports and airlines.
 
The viability of the airline sector to support employment is being challenged by the severe and prolonged fall in business:
 
• ACI estimates the airport industry will suffer a -60% reduction in revenues, reaching an unprecedented -$104.5 billion.
• IATA estimates that airline revenues will be down at least 50% ($419 billion compared to $838 billion in 2019).
Safely re-opening borders without quarantine by using a coordinated approach to testing would boost the entire economy and be a revenue lifeline for airlines and airports. ACI and IATA have called on the ICAO Council Aviation Recovery Task Force to provide an internationally agreed and recognized approach to testing that can be adopted at a national level.
 
Governments are also urged to address the devastating impact of border closures and other government-imposed travel restrictions by supporting aviation’s viability through direct financial assistance in forms of financial support that:
• protects jobs and operations 
• does not increase debt levels, and 
• minimizes default on debt and credit losses. 
 
“The COVID-19 pandemic remains an existential crisis and airports, airlines and their commercial partners need direct and swift financial assistance to protect essential operations and jobs,” ACI World Director General Luis Felipe de Oliveira said. “But such assistance is only one piece of the puzzle as the industry restarts and prepares to sustain continuing operations focused on the health and welfare of travelers, staff, and the public. ACI and IATA are aligned in calling for urgent government action to introduce widespread and coordinated testing of passengers to enable quarantine requirements to be removed. Without this action, it is not an exaggeration that the industry is facing collapse.”
 
Alexandre de Juniac, IATA’s Director General and CEO, said: “We need action quickly. Large parts of the global air network have been severely ruptured for well over a half year. Job losses—inside and outside the industry—mount with each day that borders are closed. And with each job lost the recovery and impact on the broader economy becomes even more difficult. Momentum is building in support of testing to re-open borders. It’s the top operational priority. And to make sure that we have a viable aviation sector at the end of this crisis a second round of financial relief is unavoidable.”
In accordance with World Health Organization’s (WHO) International Health Regulations, ACI and IATA are united in the belief that costs related to public health measures aimed at mitigating the spread of communicable diseases, including the introduction of a coordinated approach to testing, should be borne by national governments.


Posted by : Dubai PR Network Editorial Team
Viewed 8467 times
PR Category : Travel & Tourism
Posted on : Wednesday, October 14, 2020  1:06:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : IATA Welcomes US Military Report on Low Risk of Catching COV...
Next Story : Airbus Delivers A320 Family MSN10,000 to Middle East Airline...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Saint Honoré Monceau Tourbillon – Limited Edition [9852-Views]
Cerruti 1881 - EID Special [5580-Views]
Amy Roko X Wow Beauty Forward [5314-Views]
Eid Edit by Tory Burch [5064-Views]
Malabar Gold & Diamonds Announces Participation with India Pavilion at the Much-Awaited Ex... [5010-Views]
Eid Gift Guide with Pandora [4719-Views]
LOOTAH Releases Exquisite New Perfume: Elusive, as the perfect gift for any season! [4649-Views]
Rare Beauty - Sephora [4412-Views]
Beachy Brows Just in Time for Eid Al Adha Holiday [3924-Views]
Summer Bronzing Has Never Been So Easy [3682-Views]
Purificacion Garcia Eid Al Adha Selection [3268-Views]
Amazing Deals on Jewellery and Gold Vouchers to Win; Dubai Gold & Jewellery Group Announc... [3247-Views]
Get Ready to Sparkle This Eid With Tanishq [3161-Views]
Mohammed bin Rashid Approves Board and Advisory Council of Dubai International Chamber [3149-Views]
Dubai Customs and the Emirates Intellectual Property Association Discuss More Cooperation ... [2792-Views]
Ace these Top Five Summer Beauty Looks with Flormar [2776-Views]
Discover the new Eid Collection at THAT Concept Store [2620-Views]
Alpen Capital finds Sri Lanka's Banking and NBFI Sector Resilient Despite Challenges [2587-Views]
Legend Spa Launches Kids Spa Pop-Up at Modhesh World [2493-Views]
IATA Calls on States to Follow WHO Guidance on Cross-Border Travel [2394-Views]
Emaar Malls Unveils a Season of Spectacular Rewards & Family Entertainment for the Summer!... [2366-Views]
5 Outfits to Host Guests in Style and Comfort [2329-Views]
Lenovo and FC Internazionale Milano Strengthen Winning Partnership [2292-Views]
Tax is Not the Answer to Aviation Sustainability [2185-Views]
10 Great Value Gifts for Eid Al Adha [2173-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories