Coronavirus: How to save aviation and tourism?

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We compile in this delivery some of the measures that can be applied to save the aviation industries and tourism during the global crisis by the COVID-19.

As the global pandemic continues to grow and affect the global economy, Sectors such as aviation and tourism are some of the most affected, putting at risk more than 25 millions of jobs and also affecting airline revenues by more than $314 billion (-55%) on 2020 that compared to the 2019.

With this complex panorama, save or support aviation and tourism, as well as the rest of industries globally, It's very important, But as in this space we talk about airplanes, I have compiled several of the measures that can be taken to do it from IATA, ACI-LAC y la WTTC.

Aviation

Aviation and tourism are directly related and totally codependent., This concept highlights what airlines and airports have requested from governments as support in the current circumstances.:

Airlines

• Direct financial support to passenger and air cargo carriers to compensate for the drop in income and lack of liquidity due to travel restrictions as a result of COVID-19.
• Loans, loan guarantees and support for the corporate bond market by governments and central banks. The corporate bond market is a source of vital financial support, but it is necessary to expand the eligibility criteria set by central banks and have the guarantee of governments to facilitate access to a greater number of airlines.
• Fiscal relief. Refund of payroll taxes paid to date and/or extension of payment terms during 2020, together with the temporary exemption of air ticket fees and other taxes applied by Governments.

Air cargo

• Eliminate paperwork for charter operations.
• Exempt cargo crew from quarantine rules that apply to the general population.
• Ensure adequate personnel and facilities to process cargo efficiently.
• Recognize agreed global standards (health certificates, licenses, etc).
• Secure alternative airports available, even if passenger flights are not operating.

airports

• Waiver of Guaranteed Airport Concession Payments: where appropriate, Governments are urged to make the conditions of concession payments that companies must pay for the operation of airports more flexible.
• Delay infrastructure investment requirements: provide temporary relief on the infrastructure development requirement, particularly to meet the level of service obligations or projects that are not immediately required by the industry.
• Temporary relief from compliance with quality of service obligations: airports are experiencing unprecedented operating circumstances that put undue pressure on operators.
• Financial measures for short-term reductions in the operating costs of airport operators, as well as other service providers at airports.
• Suspension or deferral of social security contributions, as well as corporate and other taxes (including VAT, excise duties) for at least 6 months for airport operators and associated businesses, and other service providers operating at airports.
• Flexibility of payment of taxes for the year 2020 to the local government.

Turismo

The tourism industry will fall between 20% and 30% In the world movement comparatively compared to the 2019, subject to change as the current emergency develops, which represent a drop of between $300 and 450 trillions of dollars ending 7 years of growth.

• Eliminate or simplify visas whenever possible, reduce cost and improve processing times, accept other visas where appropriate and introduce more efficient technologies for safe and seamless travel.
• Removing or relaxing unnecessary barriers at ports and airports and implementing flexible work visas for industry in some countries with existing limitations, especially in hospitality and tour operators.
• Reduce and eliminate taxes to travelers, Those who increase the cost of the trip, as tax on air passengers and similar taxes at airports, Ports and lodging worldwide.
• Introduce help and incentives to support business continuity for companies that have been negatively affected by the virus. SMEs in particular will take longer to recover.
• Increase budgets and allocate resources for promotional purposes, marketing and product development in destinations when they are ready to welcome visitors again
• Work on integrated campaigns worldwide focused on the reactivation of the sector, generating security to travel.
• Make cancellation policies more flexible (together with airlines).
• Suspension of charges for the execution of tourist activities.

What other measures could be adopted to save aviation and tourism?

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