IATA: Aviation can play key economic role in Colombia

12 December, 2018

IATA regional VP Americas Peter Cerda commented (10-Dec-2018) on Colombia's aviation market stating: "Aviation supports over 600,000 jobs and contributes 2.1% to Colombia's GDP… Aviation could increase this contribution with a more accommodating environment. For example, in the Middle East region, air transport supports 3.3% of all employment and 4.4% of GDP". Cerda identified three key priorities: Develop airport and airspace infrastructure; Reduce taxes and charges that raise the cost of air travel; Embrace smarter regulation principles. [more - original PR]