IATA estimates that revenues generated by airlines with service to/from/within Canada could fall by C$22.6 billion (70%) relative to 2019.
MONTREAL – The International Air Transport Association (IATA) urges the Canadian government to support the COVID-19 testing initiatives of Air Canada and Westjet as a means to safely reopen Canada to international and domestic travel without the need for blanket quarantine measures. International traffic to Canada has plummeted since quarantine measures were introduced in March 2020.
"There are alternatives to the quarantine measures currently in place that can both keep Canadians safe as well as revive the economy. The ICAO multi-layered approach (Take-off guidance) is one. The work that Air Canada and WestJet are doing on testing adds another dimension. It is critical that the Government of Canada acts on these before the economic and social damages become permanent and the public health consequences of mass unemployment become even more apparent,’’ said Alexandre de Juniac, IATA’s Director General and CEO.
Economic Impact on Canada:
- IATA estimates that revenues generated by airlines with service to/from/within Canada could fall by C$22.6 billion (70%) relative to 2019.
- That puts at risk nearly 410,500 Canadian jobs and some C$39 billion of Canada’s GDP, which is generated by aviation directly and indirectly as well as by aviation-related tourism.
- Air transport in Canada directly and indirectly supports some 633,000 jobs.
- In total, 3.2% of the country's GDP is supported by the air transport sector and foreign tourists arriving by air.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
