INDUSTRIA AERONÁUTICA

Chile has recipe right for success

Chile has taken a strategic approach to ensure dynamic air connectivity, which is powering efficient economic and social development.

Speaking at the IATA Wings of Change conference in Santiago, Chile, on 30 March, IATA"™s Director General and Chief Executive Officer, Tony Tyler, praised Chile as an example of success in Latin America. He summed up the pillars of this strategy as including, a liberal approach to air services, a regulatory framework that encourages development and investment in aviation, and local institutions that support aviation.

"Along with Panama, Chile has taken a strategic approach to ensure dynamic air connectivity which is powering efficient economic and social development in both countries," said Tyler. "And it isn"™t a surprise that these policies have supported two of the region"™s most successful airlines, which in turn are creating significant economic and social value in the countries where they operate."

However, Tyler also talked about the countries with problems such as Venezuela. The country"™s government continues to withhold more than $3.8 billion in airline funds, in contravention of international treaties that Venezuela has signed.

Tyler also made the point that aviation is able to flourish when governments ensure their policies are aligned with global standards and best practices.

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