IATA meeting and launch of the World Air Transport Summit on Sunday in Doha
The world’s top aviation executives will gather in Doha on Sunday for the 78th Annual General Meeting (AGM) of the International Air Transport Association (AGA) and the World Air Transport Summit (WATS). The three-day event is organized by Qatar Airways.
The conference brings together nearly 240 IATA member airlines, and this year’s general meeting attracts more than 750 high profile aviation industry delegates, and more than 150 international media will be present, to discuss topics, of the most important global issues and trends related to the aviation sector.
WATS will address a number of important topics, including the impacts of the Ukrainian war on the aviation sector, the role of the aviation sector in supporting global efforts to reduce environmentally harmful emissions and helping airlines to address the challenges posed by carbon offsets, and the regulatory and financial challenges facing global airlines.
This year’s AGM will be an important opportunity for aviation industry leaders to reflect on the changing political, economic and technological realities facing air travel as the industry recovers from the Covid-19 pandemic. 19 and build a much stronger future for aviation and the air. transport sector.
Last March, IATA announced the move of the 78th Annual General Meeting (AGM) and World Air Transport Summit (WATS) from Shanghai, China, where it would have been hosted by China Eastern Airlines, to Doha, Qatar.
This will be the second time Qatar has hosted the Global Aviation Leaders Meeting, the first time in 2014. The change of venue reflects ongoing travel restrictions to China due to the COVID-19 pandemic. In this regard, IATA Director General Willie Walsh described the decision as a return to the dynamic center of aviation in Doha and the hospitality for which Qatar is famous, adding that Doha will be transformed into a capital world of air transport as aviation leaders around the world. the world comes together for the 78th IATA Annual General Meeting and WATS as part of the recovery from COVID-19.
Qatar Airways is considered one of IATA’s most prominent supporters and this year’s edition of the meeting is seen as a valuable opportunity to review the extent of the improvement and development of the infrastructure of the Qatar, with a view to hosting the FIFA World Cup Qatar 2022.
In this regard, HE the Managing Director of Qatar Airways, Akbar Al Baker, said that Qatar Airways was pleased to host the International Air Transport Association Annual General Meeting and Global Air Transport Summit for the second time. , since Qatar hosted the event in 2014. He said Qatar Airways is a strong supporter of IATA and that this year’s AGM is a valuable opportunity to showcase renowned Qatari hospitality, as well as the country’s new infrastructural developments as it counts down to hosting the FIFA World Cup Qatar 2022.
HE Al Baker added that the FIFA World Cup Qatar 2022 will be the first in the Middle East and the Arab world, and described it as the perfect opportunity for the Arab region as a whole to show the rest of the world its efforts and achievements. as proof that it is ready to host large-scale events and welcome visitors and football fans from all over the world. He also said that hosting such global events demonstrates our commitment to provide a more convenient and flexible travel experience, and to provide the best seamless travel options to our travelers around the world.
The conference is a qualitative and unique annual international event in the civil aviation sector. It is an opportunity to exchange knowledge and ideas and to draw on best experiences and practices, to keep up with the rapidly changing aviation market, while being one of the tributaries of achieving the objectives resources and capacity development.
The conference aims to find solutions that contribute to the prosperity of the civil aviation sector in the years to come, especially since the phase the sector is going through demands the importance of activating the cooperation of all stakeholders. to introduce the necessary policies that ensure a promising future for the sector.
At the Global Air Transport Summit, participants will review the progress made by the aviation sector on the sector’s determination to achieve net zero emissions by 2050.
With high oil prices, war and inflation, the rally will be an opportunity for airlines to assess the economic challenges ahead.
One of the main topics discussed at the event is sustainability, focusing on the actions the entire aviation industry will take. It will also cover what the industry can do to support global efforts to reduce “single-use plastics”, address the challenges the sector faces in terms of carbon offsetting and producing sustainable aviation fuels and low-carbon, to provide sustainable fuels and low-environmentally friendly solutions.
The aviation sector considers the fight against the COVID-19 pandemic an urgent priority, due to the financial impact it has had on the sector. Addressing this issue is of paramount importance, given the critical role of the aviation sector in the economy, which sees it connecting people, businesses and goods globally. The sector is also facing the negative repercussions of the war in Ukraine and the disruption it has caused in supply chains and the air cargo sector.
IATA revealed – in a report published at the end of the first quarter of this year – the impact of the repercussions of the war in Ukraine on the air cargo sector, both in the short and long term, which coincides with the beginning of the recovery of the civil aviation sectors after the global crisis of the Covid-19 pandemic.
IATA said in its report that it was too early to estimate the short-term consequences of the war in Ukraine on the aviation sector, but confirmed that the risks are tilted to the downside, in particular on conflict-prone markets. The report explains that influencing factors will be measured in terms of geographic scope, scale of escalation of battles, duration of sanctions or limitation of access to airspaces, and that these effects will be felt in Russia, Ukraine and its neighboring countries.
IATA pointed out that before the crisis, the Russian market ranked 11th in terms of air cargo services, including the huge local market, while Ukraine ranked 48th. Fluctuating energy prices or changing flight paths to avoid Russian airspace are likely to have wider repercussions, and the effects are also likely to affect consumer confidence and economic activity. outside Eastern Europe.
The IATA report, published in March 2022, showed a drop in demand for global air cargo markets. The effects of the Omicron variant, the Russian-Ukrainian war and a difficult operating environment contributed to the decline. The war in Ukraine has led to a decline in cargo capacity used to serve Europe, with several airlines based in Russia and Ukraine being key cargo players. Sanctions against Russia have led to disruptions in manufacturing, and rising oil prices are having a negative economic impact, including increasing shipping costs.
New export orders, a leading indicator of air cargo demand, fell in all global markets except the United States.
Air cargo markets reflect global economic developments. In March, the business environment deteriorated. The combination of the war in Ukraine and the spread of the Omicron variant in Asia has driven up energy costs, exacerbated supply chain disruptions and fueled inflationary pressure. Consequently, compared to a year ago, less goods are being shipped, including by air.
The end of the war in Ukraine and the change in China’s Covid-19 policy are helping to reduce the difficulties suffered by the aeronautical sector. It is difficult to anticipate either of the two possibilities in the near term, making expectations point to an escalation of challenges for the air cargo sector in conjunction with the accelerated recovery of passenger markets. .