Cape Town to Host IATA AGM and World Air Transport Summit in 2013

Travel News Asia Latest Travel News Podcasts Videos Wednesday, 13 June 2012

IATA has confirmed that South African Airways will host the 69th IATA Annual General Meeting (AGM) and World Air Transport Summit (WATS).

The event will draw the top leadership of the air transport industry to Cape Towns International Convention Centre from 2-4 June 2013.

South Africa will be a great location for the AGM and WATS in 2013. Air connectivity is key to South Africas economic success, contributing 2.1% to the countrys GDP. Along with supporting South Africas strong tourism sector, air connectivity plays a critical role in maximizing growth opportunities arising from South Africas BRICS membership and the burgeoning African economy, said Tony Tyler, Director General and CEO of IATA.

The aviation and aerospace sectors contribute about ZAR51 billion (approx US$ 6,07 billion) which is equal to 2.1% South Africas GDP. This activity supports over 227,000 South African jobs. The bulk of this contribution is driven by commercial airline transport.

Along with shining a spotlight on Africas opportunities, the AGM and WATS will provide a forum for discussing its challenges.

Growth in Africa is impeded by regulatory burdens and a poor safety record compounded by the high fuel prices in many parts of the continent. IATA is working across the continent with governments, regulators and airlines to improve safety, sustainability and competitiveness. Holding the AGM and WATS in Cape Town will provide a prominent platform to address these issues and challenges, said Tyler.

This years AGM and WATS in Beijing attracted some 750 airline industry leaders representing IATAs 242 member airlines. It drew a further 350 journalists representing major media outlets from around the world.

The IATA AGM and WATS is a unique marketing and publicity opportunity for our industry, for Cape Town and for South Africa. Significantly, it takes place at the same time as our country is rolling out a new national infrastructure development programme. This will position South Africa to play a vital role driving trade, business and tourism on the continent together with current and developing markets in Brazil, Russia, India & China. In turn this promises to create jobs and tackle poverty and inequality in South Africa, said Siza Mzimela, South African Airways CEO.

This will be third time that the IATA AGM is held in Africa. Previous IATA AGMs held in Cairo, Egypt (1946) and in Nairobi, Kenya (1991).

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