IATA identified priorities at Caribbean Aviation Day

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IATA identified priorities at Caribbean Aviation Day
Source: Twitter @IATA
September 19, 2022

The event was carried out by the Caribbean Tourism Organization and the Government of the Cayman Islands


The International Air Transport Association successfully held its 4th Caribbean Aviation Day this week, which was held under the theme "Recover, Reconnect and Revive" and brought together more than 250 delegates from across the aviation value chain and The tourism.

In his opening speech, Peter Cerdá, IATA Regional Vice President for the Americas, stated that the region is on a good recovery path after the devastating effects of the COVID-19 pandemic and that, with the right business environment, the Aviation could once again be a strong contributor to the socioeconomic well-being of the Caribbean region.

Before 2020, aviation and tourism contributed 13.9% of GDP and 15.2% of all jobs in the Caribbean region. According to the World Travel and Tourism Council (WTTC), eight of the ten countries most dependent on tourism globally in 2019 were in this region.

At the event, it was pointed out that in order to recover and even exceed this contribution, priorities such as connectivity must be addressed, which requires a concerted effort to increase air connections within the Caribbean; multi-destination tourism; the modernization and simplification of policies and procedures to improve the traveler experience and a competitive cost environment that allows air navigation service providers to ensure adequate rates for the service.

“Governments and stakeholders expressed their support for the industry priorities identified during Aviation Day. Now we wait to see the appropriate actions and decisions. For example, it is necessary to reduce taxes, fees and charges on banknotes to equate them to the world average. Increasing them would be detrimental to demand. Our sector is ready to lend its support to help the region reach the potential increase of 6.7% of GDP from travel and tourism between 2022 and 2023, according to WTTC forecasts”, concluded Cerdá.

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