IATA urges Middle East and Africa to support airlines amid coronavirus crisis

IATA said emergency aid of up to $200 billion is required for the global aviation industry. (File/AFP)
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  • De Juniac said 鈥渁irlines are fighting for survival,鈥� noting air demand fell by 鈥渁s much as 60 percent.
  • IATA has proposed a number of options for governments to consider

DUBAI: The International Air and Transport Association (IATA) has appealed to governments in the Middle East and Africa to support the aviation industry, as it takes major blows from the coronavirus outbreak.

鈥淪topping the spread of COVID-19 is the top priority of governments. But they must be aware that the public health emergency has now become a catastrophe for economies and for aviation,鈥� Alexandre de Juniac, IATA鈥檚 Director-General and CEO said.

De Juniac said 鈥渁irlines are fighting for survival,鈥� noting air demand fell by 鈥渁s much as 60 percent.鈥�

鈥淢illions of jobs are at stake. Airlines need urgent government action if they are to emerge from this in a fit state to help the world recover, once COVID-19 is beaten,鈥� he added.

The IATA chief said: 鈥淲ith average cash reserves of approximately two months in the region, airlines are facing a liquidity and existential crisis. Support measures are urgently needed.鈥�

The company said emergency aid of up to $200 billion is required for the global aviation industry.

IATA has proposed a number of options for governments to consider, including the provision of direct financial support to passenger and cargo carriers.

Muhammad Al-Bakri, IATA Regional Vice President Africa, Middle East, said several governments in the region including 萝莉视频, UAE, Egypt, Nigeria and Mauritius have already pledged national aid against COVID-19.

He emphasized on the importance of airlines to 鈥渕odern economies鈥� and said: 鈥淚t will enable global supply chains to continue functioning and provide the connectivity that tourism and trade will depend on if they are to contribute to rapid post-pandemic economic growth.鈥�