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The 76th IATA Annual General Meeting (AGM) initially planned for 21-23 June 2020 is postponed to 23-24 November 2020
We understand and completely agree that the top priority for everybody in this crisis is the health and safety of citizens. But there are alternative measures that will keep people safe and enable global connectivity. That is why we propose a three-point plan to safely re-open borders.
Airlines in the Asia-Pacific region will be the hardest hit by the COVID-19 crisis, with losses expected to be $29 billion for 2020.
The latest estimates from IATA indicate a worsening of the country impact from the COVID-19 crisis in the Asia Pacific region.
IATA is urging Asia-Pacific states to take urgent action to provide financial support to their airline industry impacted by the COVID-19 crisis.
IATA has written to the heads of government of 18 States in Asia-Pacific to appeal for emergency support to airlines as they fight for survival due to the dramatic loss of air travel demand due to the COVID-19 crisis.
IATA is urging the Bangladesh government to support the development of the aviation industry by removing the 15% Value Added Tax on aeronautical and related services.
The number of IATA members in Asia-Pacific continues to grow with the recent addition of Cebu Pacific Air and IndiGo, following that of SpiceJet and Thai Smile earlier this year.