Exclusively from Sydney | IATA promotes "smarter regulations"
The International Air Transport Association (IATA) introduces „smarter regulations“ - a new approach to maintain and structure aviation regulation principles, and asks governments to correspond with current global standards when applying new regulations.
Talking about key challenges of aviation future during IATA AGM Sydney conference on June 4, 2018, Alexandre de Juniac, IATA’s Director General and CEO highlighted the growing necessity to avoid creeping re-regulations.
„Regulations must add value. In assessing that, regulators must recognize the power of competition and social media to safeguard consumer interests. Governments should not distort market effectiveness with regulations that second-guess what consumers really want“ – de Juniac said.
The “smarter regulations” approach practically means analyzing the cost of regulations against the benefits and taking industry investment into account to find the best solutions, beneficial both for travellers and aviation industry.
The other part of IATA’s „smarter regulations“ promotion is the global standards defendance, which, as de Juniac points out, the government often agrees to, but fails to implement successfully. The obvious solution is to task governments to maintain these standards.
IATA is currently looking for the global commercial standards to simplify the procedure of proving identity in the airports under its passenger facilitation project One iD, and plans to urge government to implement those innovations efficiently and quickly.
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