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Saudi Arabia's aviation sector needs direct state support, lobby IATA says - Metro US

Saudi Arabia’s aviation sector needs direct state support, lobby IATA says

FILE PHOTO: A logo of IATA is pictured in Geneva

DUBAI (Reuters) – The International Air Transport Association (IATA) on Wednesday urged the Saudi Arabian government to provide financial support to its aviation sector.

Saudi Arabia should consider providing financial aid to airlines and airports, and think about reducing, waiving or deferring government imposes taxes and fees, it said in a statement.

Airlines in Saudi Arabia are estimated to lose $7.5 billion this year due to the coronavirus pandemic that has crushed travel demand, the lobby said.

(Reporting by Alexander Cornwell, editing by Louise Heavens)

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