Saudi Arabia's aviation sector needs direct state support, lobby IATA says


Reuters | Dubai | Updated: 13-05-2020 15:51 IST | Created: 13-05-2020 14:49 IST
Saudi Arabia's aviation sector needs direct state support, lobby IATA says
Representative Image Image Credit: ANI
  • Country:
  • United Arab Emirates

The International Air Transport Association (IATA) on Wednesday urged the Saudi Arabian government to provide financial support to its aviation sector. Saudi Arabia should consider providing financial aid to airlines and airports, and think about reducing, waiving or deferring government imposes taxes and fees, it said in a statement.

Airlines in Saudi Arabia are estimated to lose $7.5 billion this year due to the coronavirus pandemic that has crushed travel demand, the lobby said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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