Badung (ANTARA) – Indonesia used its G20 presidency to discuss the recovery of global aviation and fiscal policies that member countries are considering during a stakeholder dialogue in Nusa Dua, Badung, Bali on Tuesday in Nusa Dua, Badung, Bali have to formulate.
At a G20 side event titled “Financial Measures for Aviation Recovery,” Transport Minister Budi Karya Sumadi said the G20 countries, together with global organizations in aviation and industry, must jointly determine the impact of the pandemic and then address global measures to accelerate it of recovery.
“The financial aspect is crucial in the aviation industry. Therefore, this dialogue provides a record of lessons learned and good practices in countries on restoring the aviation sector. Remember, what we’re doing is the G20 program. So, not only for Indonesia, even though Indonesia may be a good example post-pandemic, we can recover quickly even if it’s not optimal,” Sumadi added on Tuesday on the sidelines of the dialogue in Nusa Dua, Bali.
He said that the G20 dialogue was personally attended by the President of the International Civil Aviation Organization (ICAO), Salvatore Sciacchitano; International Air Transport Association (IATA) officials; a number of international leasing companies; Aergo Capital, a major player in the aviation industry whose portfolio includes Boeing and Airbus; as well as transport ministers and senior officials from ASEAN member countries, the European Union, the United States, Italy, Russia, Saudi Arabia and India.
“I am proud that the President of ICAO is willing to take part. In fact, the topic (dialogue) he gave was the rise of the airline industry. Attending an event is not easy, but at this prestige event of the G20, we created a side event to discuss efforts to awaken the aviation world as a whole,” added Sumadi.
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Meanwhile, at the event, ICAO President Sciacchitano commended Indonesia’s stance and determination to continue the G20’s commitment to support the global aviation recovery.
“The reason I’m here is because I respect Indonesia’s commitment, concern and role in making aviation issues a priority during its leadership at the G20,” Sciacchitano said.
He shared that aviation has currently become a sector that has been hit quite hard by the pandemic due to various restrictions on mobility and activities. Before COVID-19, 4.5 billion international passengers were traveling by air, he noted.
“However, during the COVID-19 pandemic in 2020, that number dropped by minus 60 percent, then by minus 40 percent in 2021,” Sciacchitano added.
He said this year ICAO has observed that the number of passengers in several regions including Europe, North America and Latin America is approaching 2019 levels.
However, full recovery of the global aviation sector is forecast for 2023, he said.
“Therefore, the aviation sector needs the government’s full support, and in this context, the G20 summit is an important opportunity to reaffirm the commitment of the G20 countries over the past few years to support the aviation sector, which will boost economic and social growth ‘ added the ICAO President.
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