Trainees at Alpha Aviation Academy in Sharjah. Iata urged airlines to improve gender diversity and inclusion as they recover from the pandemic. Pawan Singh / The National
Trainees at Alpha Aviation Academy in Sharjah. Iata urged airlines to improve gender diversity and inclusion as they recover from the pandemic. Pawan Singh / The National
Trainees at Alpha Aviation Academy in Sharjah. Iata urged airlines to improve gender diversity and inclusion as they recover from the pandemic. Pawan Singh / The National
Trainees at Alpha Aviation Academy in Sharjah. Iata urged airlines to improve gender diversity and inclusion as they recover from the pandemic. Pawan Singh / The National

Pandemic is an opportunity to improve gender diversity in aviation, Iata says


Deena Kamel
  • English
  • Arabic

Airlines should seize the opportunity of building back from the Covid-19 pandemic to include more women and other minorities in their ranks, particularly in senior roles, the International Air Transport Association (Iata) said.

Diversity and inclusion must be a priority for airlines as they prepare for international air travel to recommence at scale, Jane Hoskisson, director of talent, learning, engagement and diversity at Iata said during an online media event on Wednesday.

The industry must also make itself more attractive to the next generation of workers who are more likely to join companies with sustainability goals on their agendas, she said.

The traditionally male-dominated industry has been criticised for its failure to include more women among its top and senior ranks. Only four per cent of Iata's member airlines have female chief executives, according to the trade body.

In 2019, Iata launched its 25by2025 initiative, an industry pledge that aims to boost diversity metrics by 25 per cent or up to a minimum of 25 per cent by 2025. So far, 62 airlines have signed up to be part of initiative, including Etihad Airways, Egyptair, Bahrain's Gulf Air and Royal Jordanian.

Iata is aiming to increase that number to 75 or 80 airlines in the next couple of months, Ms Hoskisson said. Iata currently has 292 airline members, according to its website.

“Women have been adversely impacted and opting out of the workforce at a rate that’s more pronounced then men since the pandemic, that’s of course a double whammy,” she said. “How do you make the industry attractive to women given these challenges?

“In order to attract talent that doesn’t naturally come to your industry, you have to invest.”

Iata will hold a Diversity and Inclusion Award, with applications opening on July 7 and closing for submissions on August 29.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Villains
Queens of the Stone Age
Matador

The Year Earth Changed

Directed by:Tom Beard

Narrated by: Sir David Attenborough

Stars: 4

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Updated: July 08, 2021, 8:59 AM