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Tag Archives: Regulations

US airlines expect to boost profits with Trump’s promise of deregulation

The promise of United States President Donald Trump to roll back burdensome regulations can aid the bottomline of airlines and may also help passengers’ wallets as well. Many of those regulations result in the added fees and taxes, said Helane Becker, transportation analyst at Cowen and Company. “Most people don’t know that 25% of their ticket goes to various taxes,” added Becker. Another airline expert, Jim Corridore of the CFRA …

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IATA Chief lobbies for aviation tax changes and airline deregulation

The International Air Transport Association (IATA) has called on United States President Donald Trump to reduce tax burdens on aviation and on air travelers in general, in a bid to help the industry flourish further. IATA Director General and Chief Executive Officer Alexandre de Juniac emphasized the role that aviation plays in connecting people and promoting commerce all across the world. “Our world has grown much wealthier through trade and …

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US Regulatory review: Collaboration between government and industry is needed

While the Aerospace Industries Association (AIA) unequivocally endorses a regulatory review, it argues that the White House should collaborate with the aviation industry to make sure that safety is not compromised as various agencies carry out executive orders temporarily freezing new regulations and requiring the elimination of two regulations for every new one. “While we strongly support President [Donald] Trump’s push to trim excessive, unnecessary and costly regulations, a balanced …

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African airlines lose $800m due to airspace regulations

The regulation of Africa’s skies has come at a steep cost for local airline carriers, with aviation experts reporting an estimated loss of $800 million in 2016. Similar results are to be expected for this year if liberalization of the African skies remain unavailable. Dr. Elijah Chingosho, the Secretary General of African Airlines Association, said that this issue is a pressing matter that is limiting growth to African airlines. In …

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Trump pledges to cut aviation taxes and regulations

United States President Donald Trump met with airline executives on Thursday and vowed to “roll back burdensome regulations” while also promising significant tax reforms in the next few weeks. In a meeting at the White House with representatives from Delta, United, American and Southwest airlines, the U.S. President told them to expect a “phenomenal” tax reform announcement in the coming weeks. “We’re going to be announcing something … over the …

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FAA working through new Trump´s regulation review

Industry and Federal Aviation Administration (FAA) officials are working through the effects of U.S. President Donald Trump’s executive order for a 60-day halt of the new rules for a regulatory review and a requirement that two regulations must be rescinded for every one issued. While a regulatory review is usual during administration turnovers, this new review has caused confusion. In particular, questions have been raised on the applicability of the review …

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