IATA: Use Aviation Strategically

13 Feb

The International Air Transport Association (IATA) urged policy-makers to use aviation as a strategic asset. “When the relationship between industry and government works, the results are brilliant. Policies that support aviation’s competitiveness deliver wide-ranging benefits across economies by connecting business to markets,” said Tony Tyler, IATA’s Director General and CEO.

Aviation is a key economic contributor. In Singapore, for example, where the government has supported aviation as a strategic industry, it contributes 119,000 quality jobs and 5.4% of GDP. This is according to Oxford Economics studies commissioned by IATA to demonstrate to governments the catalytic impact of a healthy aviation sector on national economies. “The connectivity that aviation provides to Singapore has enabled it to develop as a successful regional hub for sectors as diverse as finance, healthcare, culture and education,” said Tyler in a keynote address to the Singapore Airshow Aviation Leadership Summit.


Source:- travelandtourworld.com

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