IATA STATEMENT

IATA welcomes the steps being taken by the U.S. and Australian Governments to support their airlines following the tragic events that took place last week. The measures proposed are both timely and appropriate, and should contribute to helping the airlines concerned to refocus their energies on the recovery process and restoring public confidence in our industry.

However, commercial aviation is a worldwide system and these airlines are not the only ones affected by this unprecedented crisis. It is essential that all governments also put in place whatever financial measures may be necessary in their own countries to quickly enable the airlines and the global air transport industry to recover from this tragedy

Speaking from his office in Geneva, Pierre J. Jeanniot, Director General of IATA, stressed, “It is essential to world stability that this industry is provided with the elements it urgently needs to resume its crucial role as a major contributor and driver of the world economy without further delay”.