Independent journal on economy and transport policy
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The emergency places to risk 25 million places of work in the field of the aerial transport
It evidences the IATA perceiving that in a single trimester the liquidity of the airlines could be reduced of 61 billion dollars
April 7, 2020
In the solo third trimester of this year, because of the impact on their activities determined from the assumed measures in order to contrast the total pandemic of coronavirus, reserves of liquidity of world-wide the airlines could be reduced of about 61 billion dollars and the crisis in existence places to risk about 25 million places of work in the field of the aerial transport. It has emphasized the general manager and CEO of the International Air Transport Association (IATA), Alexandre de Juniac, in the held today from association and centralized occasion of the breafing multimedia on the sanitary emergency and its consequences on the aerial industry.
Announcing which it could be in a single trimester the effect of the crisis on the availability of means of payment of the companies, de Juniac has confirmed that "the impact of the Covid-19 on the industry of continuous the aerial transport to being devastating and the field is burning money to a dangerous rhythm". "The question - it has explained - is in free fall and all over the world it is down of 70% regarding last year, and 90% in Europe. And it could also get worse. Not there are words - it has specified - that they can describe when adequately deep is the impact of this crisis on aviation".
De Juniac has evidenced moreover that "if aviation does not work, the economic damage goes very to beyond the same field. About 65,5 million places of work - it has remembered - they are connected to aviation and if the airplane do not fly the support for many of these places of work fails also".
"To many companies - it has continued - it is ordered to close or to stop the activities, and between these to the airlines, the restaurants, the tourist attractions and the hotels. And if the total chains of supplying are interrupted, other anchor in the fields of the production or the sale by piece will not have nothing to produce or to sell. The governments who act under the guide of the sanitary authorities will determine when the blocks and the restrictions to the travels could be removed in safety. Once taken this decision - Juniac has perceived de - the field of the aerial transport will have to be ready to transport the people and the goods necessary to many enterprises in order to recommence to operate normally".
About the relative esteem to the loss of places of work that the field of the aerial transport will be able to endure because of the crisis, ours - it has specified the general manager and CEO of the IATA - is that "about 25 million places of work of the people they are to risk until the field will not return to work. Twenty-five million people - it has evidenced - are pairs to the entire population of Australia. He is equal to the entire force Italian and greater job of the force job of the main industrialized nations as Spain or Canada. The capacity of the economic impact - Juniac has warned de - is enormous".
De Juniac therefore has restated the necessity that the governments supply financial aid to the airlines urgently, so that they can survive". "Some governments - he has specified - are answering, but we are worried because not there is sufficient availability of resources. The rapidity - it has restated - is essential. In average the airlines have in case money for two months and many airlines are already to the third week of extensive arrest warrant of their activities".
De Juniac has emphasized also the duty "not to leave the case the resumption of the field. We must - it has explained - manage concrete and co-ordinate plans so that the airlines can restart the activities when the governments and the public sanitary authorities give the all-clear sign to us. We will have to be able to widen the activities as the question will go back".
The representative of the IATA has evidenced that an ulterior challenge will be constituted dasllo same physical restart of the operations: "until - it has found - never we have today not stopped the field on a global scale and therefore this will be the first reopening always". A second challenge - it has added - will consist "in adapting the field to the truths post-Covid-19. Having had to face the difficult decision to close the economies in order to fight the virus - he has explained - the governments will not accept the risk of repeating itself of the infection. We state in the severe measures that China has introduced in order to limit the international flights, than now are more restrictive than they were not to the apex of the crisis of the Covid-19 in China".
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