Arab Air Carriers Organization (AACO) Annual General Meeting concluded its three working sessions at “Karthago Le Palace” hotel in Tunis, under the chairmanship of Eng. Nabil Chettaoui, AACO President for this year and Chairman and President of Tunis Air. The Annual General Meeting adopted a resolution about the current global economic crisis in addition to the speedy implementation of the Arab Multi-lateral Agreement to Liberalize Air Transport (The Damascus Convention of 2004). Abdul Wahab Teffaha, AACO Secretary General presented his report on industry issues, focusing on the current global financial and economic crisis and its impact on the Arab air transport industry. Teffaha also concentrated in his speech on developing AACO's mechanisms and enhancing cooperation amongst Arab airlines, and the role of the governments in supporting the air transport industry due to its important contribution in the development of the Arab national economy. Some of the moves the secretary general called for the Arab governments to implement are: the necessity of optimizing air routes that contributes to reducing fuel consumption, which reflects positively on the airlines' costs on one hand, and more on reducing gas emissions that affect the environment on the other. --MORE
