4-Jun-2020 4:23 PM
IATA CEO: Industry faces headwinds of economics and confidence in travel recovery
IATA director general and CEO Alexandre de Juniac said (03-Jun-2020) there "will be at least two kinds of headwinds" to get people travelling by air again:
- Economic headwinds. The industry can be "reasonably confident in overcoming this hurdle" said Mr de Juniac. Governments have provided stimulus money to get the economy moving again and business confidence is improving. Individuals and companies that have survived without travel expenses for several months may re-assess their travel priorities, although balanced against this will be "many promotions and incentives to encourage travel";
- Confidence. This will be the bigger challenge said Mr de Juniac. According to him:
- Governments will need the confidence to re-open borders without imposing onerous quarantine measures. If governments impose quarantine measures, it is "equal to keeping their borders closed and industry grounded";
- Individual travellers will need the confidence that travel itself poses no great risks than other activities and that they won't face quarantine or disruption on arrival. [more - original PR]