Emirates begins trials of IATA’s digital travel pass

Emirates begins trials of IATA’s digital travel pass

DUBAI: Dubai carrier Emirates airline has started testing the COVID-19 digital travel pass, a mobile application that will help passengers manage their necessary travel requirements amid heightened security due to the pandemic. Passengers from Dubai to Barcelona on flight EK 185 on Thursday trialed the travel pass, according to a company statement. "The ability to process passengers' COVID-19 relevant data for travel digitally will be the way forward," Adel Al-Redha, chief operating officer of Emirates, said, as the global aviation industry slowly gets back up from the pandemic slump. The trial is ongoing on selected Emirates flights from the Dubai to Barcelona and London Heathrow to Dubai, and will be expanded soon to include other routes, the company said. Other airlines in the region have teamed up with IATA to conduct trial runs of the application, including Saudi Arabia's Saudia and Abu Dhabi's Etihad Airways. DUBAI: Changing regulations and consumer demand driven by environmental, social and governance (ESG) issues means that some structured finance asset classes are riskier than others, according to Moody's Investors Service. Aircraft and tobacco asset-backed securities (ABS) as well as project finance and infrastructure collateralized debt obligations (CDOs) have "moderate vulnerability" to environmental risk, while most