Airports Council International (ACI) World has called on a global policy response to aid the airport industry in the wake of the Covid-19 pandemic.
ACI World stated that it backs the calls of ACI Asia-Pacific, ACI Europe, ACI North America, and ACI Latin America Caribbean for immediate support measures to aid airports.
This pandemic has led to a huge impact on the aviation industry.
While airport operators have taken measures to safeguard the health of their travellers, airports are businesses that have costs, debts and other obligations that need to be delivered.
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The increased spread of the Covid-19 virus, along with the travel restrictions put in place, have caused a major decrease in global passenger traffic.
According to estimations, the airport industry is expected to incur a loss of around $20bn to $25bn in this year.
ACI World has recommended the protection of airport revenues and the temporary suspension of airport slots usage requirements to lessen the burden of Covid-19 on the industry.
It has also asked the governments to defer the payments for rent and other concession fees during this pandemic and to relieve them from the taxes to be paid.
Finally, it has asked governments to assist the airports during this time of financial loss and to help them offset the losses incurred.
Earlier this week, ACI World released its Advisory Bulletin predicting the economic impact of Covid-19 on the airport sector.
ACI World director general Angela Gittens said: “There is a general sense across the aviation community that we are all in this together as this crisis continues to unfold.
“As the economic policy response is formulated, however, it is important to note that no measure or relief package should disproportionately benefit one sector at the expense of another.
“We should seek to ensure the impact of the Covid-19 pandemic on the aviation ecosystem is borne equitably and that all solutions are fair and reasonable so as to give the industry the greatest chance to recover quickly.”