Franchise registrations in Saudi Arabia surge 866% over 3 years    Lulu Saudi Arabia celebrates its 15th anniversary with the grand launch of 'Super Fest 2024'    Cristiano Ronaldo's double powers Al Nassr to 3-1 win over Al Gharafa in AFC Champions League    Culture minister tours Saudi pavilion at Expo 2025 Osaka    Al Ahli edges Al Ain 2-1, bolsters perfect start in AFC Champions League Elite    Saud Abdulhamid makes history as first Saudi player in Serie A    Saudi Cabinet to hold special budget session on Tuesday    King Salman orders extension of Citizen's Account Program and additional support for a full year    Al-Falih: 1,238 foreign investors obtain premium residency in Saudi Arabia    Several dead as Storm Bert wreaks havoc across Britain    Irish PM apologizes for walking away from care worker    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Hezbollah fires rocket barrages into Israel after deadly Beirut strikes    Ukraine losing ground in Russia's Kursk region, says military source    Do cigarettes belong in a museum?    Saudi Arabia to host 28th Annual World Investment Conference in Riyadh    Riyadh Emir inaugurates International Conference on Conjoined Twins in Riyadh    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



COVID-19 impact deepens in the Middle East
Published in The Saudi Gazette on 13 - 08 - 2020

The International Air Transport Association (IATA) released new data showing the impact on the Middle East aviation industry and on economies caused by the shutdown of air traffic due to the COVID-19 pandemic has deepened over recent weeks.
Job losses in aviation and related industries could grow to 1.5 million. That is more than half of the region's 2.4 million aviation-related employment and 300,000 more than the previous estimate.
Full-year 2020 traffic is expected to plummet by 56% compared to 2019. Previous estimate was a fall of 51%. GDP supported by aviation in the region could fall by up to $85 billion. Previous estimate was $66 billion.
"Middle East economies have been brought to their knees by COVID-19. And without air connectivity being re-established, the socio-economic impact is getting worse.
"Businesses that contribute substantially to the region's GDP and provide thousands of jobs are at risk without these vital connections. For the region's economic recovery, it is imperative that the industry restart safely as soon as possible," said Muhammad Al Bakri, IATA's regional vice president for Africa and the Middle East.
Restarting Aviation in the Middle East
To minimize the impact on jobs and the broader Middle East economy, an accelerated recovery of air transport across the region is paramount. This can be achieved through government action in two priority areas:
Harmonizing the restart of air transport across the region
Some countries in the Middle East are opening their borders to regional and international air travel but inconsistent application of biosafety measures along with unnecessary entry requirements are deterring passengers and suppressing the resumption of air travel.
Harmonizing the restart of aviation across the region is critical for economic recovery. Governments need to implement the common global set of air transport biosecurity measures, contained in the International Civil Aviation Organization's CART Take-off Guidelines.
Continued financial and regulatory support

In particular, direct financial aid such as wage subsidies and loans, an extension of the waiver to the 80-20 slot rule, and relief from taxes and charges.
"We are grateful to governments which have provided relief to aviation. However, the situation is not getting better, governments need to continue applying relief measures — financial and regulatory. A regional priority is securing support in the form of wage subsidies and loans as well as an extension of the waiver for the 80-20 use-it-or-lose-it slot rule.
"This is needed to provide critical relief to airlines in planning schedules amid unpredictable demand patterns. Saudi Arabia has confirmed a waiver for its slot coordinated airports and we hope the UAE, Morocco and Tunisia will do so soon.
"Airlines need to focus on meeting demand and not meeting slot rules that were never meant to accommodate the sharp fluctuations of such a crisis," said Albakri. — SG


Clic here to read the story from its source.