Subscribe Free
in Air Transport

IATA calls on the government of Saudi Arabia to support aviation during COVID-19

Posted 13 May 2020 · Add Comment

The International Air Transport Association (IATA) is calling for aviation-specific financial relief measures from the government of the Kingdom of Saudi Arabia to address the severe impact of the COVID-19 crisis on the air transport sector.

 

IATA estimates that revenues generated by airlines in the Saudi market will fall by $7.2 billion in 2020, 35% below 2019 levels. That puts at risk nearly 287,500 Saudi jobs and $17.9 billion of Saudi’s GDP, which is generated by aviation directly and aviation-related tourism.

 

In response to the impact of COVID-19, the Saudi government has introduced broad economic relief measures in excess of $32 billion in financial support for the private sector. It has also provided support for air transport by suspending the airport slot use rules for the summer season and extending licenses and certifications for crew, trainers and examiners. We urge the government to build on this and implement specific financial relief measures for aviation to ensure that the sector will be capable of driving the recovery.

 

The Government should consider the following financial relief measures:

 

    Direct financial support to passenger and cargo carriers

    Financial relief on airport and air traffic control (ATC) charges and taxes

    Reduction, waiver or deferral of government-imposed taxes and fees

 

“Saudi Arabia has announced financial relief measures for sectors affected by COVID-19, but not specifically for aviation. Given the industry’s role in social and economic development as well as achieving the Kingdom’s Vision 2030, it is important the government prioritizes aviation and provide urgent financial relief," said Muhammad Albakri, IATA’s Regional Vice President for Africa and the Middle East.

 

“Without a viable air transport sector, we can expect a slow and painful economic recovery. Before the crisis, Saudi Arabia was moving at full speed and achieving tangible results in modernization, infrastructure development and economic growth. Fully supporting aviation now means a stronger recovery for the Kingdom,” said Albakri.

Other Stories
Advertisement
Latest News

Flights to Tel Aviv to be diverted

Flights to Tel Aviv will be diverted over fear of rocket strikes as the country continues tensions with Hamas.

Collins Aerospace unveils new look for its Venue Cabin Management System

Collins Aerospace has updated its VenueTM Cabin Management System (CMS). A new and improved Venue graphical user interface (GUI) is now available for aftermarket installations of the system.

Gulf Air to resume flights to Larnaca and Malaga

Gulf Air will resume its direct operations to Larnaca International Airport in Cyprus with 2 weekly flights starting from 15 June, and Malaga in Spain with 2 weekly flights starting from 30 June until 29 August.

Dubai Airports welcomes a Serene Air flight from Lahore

Dubai Airports has welcomed a Serene Air flight from Lahore to Dubai.

Gulf Air flights operated by vaccinated crew starting from Eid

Gulf Air has said starting from 13 today, the first day of Eid Al Fitr, all its flights will be operated by 100% vaccinated crew including pilots and flight attendants.

P7 Aviation adds Boeing B747 Full Flight Simulator

The wide-body aircraft simulator will expand P7 Aviation’s training offering from the current Airbus A320 and Boeing 737 Classic training capability and seeks to support Boeing 747 operators throughout the Middle East, Asia and

EDGE SK2601300621
See us at
Aviation MENA 2022World Defence Show 2022Aviation Africa 2021 BTOCF.OPEX21 BT270521DAS21_BT