THE International Air Transport Association yesterday signed a new memorandum of understanding (MoU) with the African Airline Association (AFRAA), with the organisations to work jointly to promote aviation in Africa.
Under the MoU, IATA and AFRAA will exchange info, expertise and capabilities, aiming to promote regional air connectivity, enhance safety and security as well as “achieve reasonable levels of taxes & charges by helping governments to focus on the social and economic benefits of aviation”.
The pact was signed on the sidelines of the 74th IATA annual general meeting in Sydney, which continues today and tomorrow.
IATA also yesterday released a report prepared by Deloitte on airport ownership and regulation, highlighting issues around privatisation and the need for regular assessment of an airport’s market power.
The full report is available as a free download at iata.org.
Source: traveldaily