Use data-driven decisions to tackle Omicron, IATA urges governments

[divider style=”solid” top=”25″ bottom=”25″][dropcap]C[/dropcap]ountries around the world should use past experience on Covid-19 to tackle the new Omicron variant, Willie Walsh, IATA’s Director General has advised.

Mr Walsh says that governments should make better data-driven decisions than the mostly knee-jerk reactions to restrict travel that is being prioritized. The US, Canada and Australia have joined a growing list of countries imposing travel restrictions from south Africa where Omicron was first detected sparking global concern.

This, Says Walsh will have a direct impact on air travel and consequently affect global air cargo market.

“The impact of government reactions to the Omicron variant is a concern. If it dampens travel demand, capacity issues will become more acute.”

IATA has released October 2021 data for global air cargo markets showing that demand continued to be well above pre-crisis levels and that the capacity constraints have eased slightly.

“October data reflected an overall positive outlook for air cargo. Supply chain congestion continued to push manufacturers towards the speed of air cargo. Demand was up 9.4% in October compared to pre-crisis levels. And capacity constraints were slowly resolving as more passenger travel meant more belly capacity for air cargo,” says Walsh.

For Walsh, the focus of governments should be squarely on ensuring the integrity of supply chains and increasing the distribution of vaccines.

Also Read

Aspen-branded COVID-19 vaccine to be sold across Africa

Benefits of free trade spread far and wide

theafricalogistics

Recent Posts

Ulta Beauty Delivers Strong Q4 2023 Results, Announces First International Expansion

Ulta Beauty, Inc. (NASDAQ: ULTA) wrapped up fiscal 2023 on a high note, posting better-than-expected…

2 hours ago

Nvidia’s Undervalued Stock: Is It a Golden Buying Opportunity?

Nvidia (NASDAQ: NVDA) has been a dominant player in the semiconductor industry, with its graphics…

2 hours ago

Wall Street Tumbles as S&P 500 Sheds 1.2%; Intel, Dollar Tree Among Top Gainers

The S&P 500 took a sharp dive on Thursday, dropping 1.2% amid renewed market volatility…

3 hours ago

Frontier AI in Healthcare: The Promise of AI-Driven Drug Discovery

The field of drug discovery has long been characterized by lengthy development timelines, exorbitant costs,…

4 hours ago

Jamie Dimon Shifts Stance: Tariffs Could Harm Long-Term Growth Amid Global Uncertainty

In an unexpected turn of events, Jamie Dimon, the CEO of JPMorgan Chase, has raised…

5 hours ago

Trump Family Explores Investment in Binance.US: How the Market Reacted

Former U.S. President Donald Trump and his family have reportedly explored the possibility of acquiring…

5 hours ago