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IATA – Keeping the World Connected

Statement of Willie Walsh, Director General,

Aviation is resilient and on the rise. After the worst downturn in our history, we have turned the corner on the COVID-19 pandemic. Industry losses are expected to reduce to $9.7 billion in 2022; down from $42.1 billion in 2021. That is a huge improvement from losses of $137.7 billion in 2020.

In growing numbers and with rising excitement and enthusiasm, people are again enjoying the freedom to travel, to connect with one another, and to see the world. By the end of 2023, most regions will be at—or exceeding—pre-pandemic levels of demand.

Pandemic Lessons

Looking back at the pandemic, we can point to our service with pride. Where permitted by governments, airlines kept the world connected. Airlines kept vital supply lanes open to deliver life saving vaccines and medical supplies. And they operated to the highest levels of safety throughout. Over and over, the aviation workforce rose to the occasion.

In fact, the importance of aviation was made absolutely clearby the pandemic restrictions. People recognised that their quality of life deteriorated and economies suffered.

This pandemic will not be the last. It is vital, therefore, that we draw the correct lessons so that we can be better prepared next time. Top of the list of lessons learned is that travel restrictions did little to contain the spread of COVID-19. The World Health Organisation (WHO) said this from the beginning, but far too many governments ignored their sound advice. Governments must do better next time.

Working With Governments

Many governments recognized aviation’s vital role as an economic lynchpin, providing financial relief to numerous airlines. As governments now rebuild their regulatory agendas, it is critical that they continue to focus on regulations that create value. IATA will be vigilant and remind governments that the benefits of regulation must exceed the costs they create.

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