IATA Demands More Concessions on ATM Fees and Slot Rules | Aviation International News

Finance, Taxes, Insurance

IATA Demands More Concessions on ATM Fees and Slot Rules

IATA says Europe's airlines have yet to see the worst of the traffic downturn caused by the Covid-19 pandemic, with more jobs and heavier losses to come.

IATA says that, without more government relief and lifting of travel restrictions, European airlines are facing more financial hardship in 2020. [Photo: London Gatwick Airport]

By Charles Alcock • Managing Editor

June 18, 2020

The International Air Transport Association (IATA) has stepped up calls for more government support and a wide-ranging set of coordinated measures between states in a bid to avoid lasting damage to the airline industry. At a press briefing on Thursday, Rafael Schvartzman, the group’s regional vice president for Europe, warned that there could still be “worse to come” for the industry. He is concerned for what carriers on the continent are facing next winter given that he does not expect the summer season to provide the usual financial “cushion” and expressed concern that government support for measures such as staff furloughs is set to dry up.

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