Tuesday , February 20 2018
Home | Tag Archives: Taxes (page 4)

Tag Archives: Taxes

Airfares rising due to taxes, charges and fees, says IATA

In the airline industry, competition is seen as a driving proponent of innovation and cost reduction, offering air travellers the benefit of choice and triggering major efficiency rewards with increasing blending and hybridization of business models. But a recent analysis from the International Air Transport Association (IATA) indicates that effective competition remains limited, with major airports continuing their strong stance. An economics briefing paper entitled “Airport Competition: Myth or Reality” …

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Philippines: Airline groups protest government plans for increased regulation of aviation sector

The Philippine government’s planned moves to increase regulation of the aviation sector were met with criticism from international airline groups. In particular, the International Air Transport Association (IATA) waxed hot over a proposal by the Civil Aeronautics Board (CAB) to cap airfares. “We are against this measure. The prices should be driven by market forces,” said IATA Director General and CEO Alexandre de Juniac. “Putting caps is the best way …

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IATA argues against Japanese departure tax or air travellers

The International Air Transport Association (IATA) is opposing a proposal by the Japanese government to impose a departure tax on air passengers. The tax, which would range between JPY1000-2000 per passenger ($9-18), would be utilized to fund tourism plans, the government explained. However, the IATA argued that applying tax would essentially hurt the country’s tourism growth. Japan is estimated to attract 40 million visitors to the country by 2020, and …

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Doing away with Germany’s air passenger tax to boost country’s economy

Germany’s economy would see a boost of 67 billion euros (£59.7 billion) over the next 12 years if the air passenger tax were eradicated, said a study conducted by consultancy PwC. The report, which was commissioned by lobby group, Airlines For Europe, stressed that doing away with the tax would transform Germany into a more appealing tourist destination, that would generate 1.08 billion euros a year via indirect taxes, more …

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Airline industry executives express displeasure over delay of Air Passenger Tax

Airline industry executives have been vocal with their resentment over the delay of the Air Passenger Duty with a new devolved tax. Air Departure Tax (ADT) was set to be implemented in April of next year, with the Scottish Government vowing to cut the levy by half by the end of this Parliament, ahead of eliminating the charge altogether “when resources allow.” But Cabinet Secretary for Finance, Derek Mackay, said …

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A4E identifies “connectivity disruptors” that are hindering the liberalization of the European aviation market

Airlines for Europe (A4E) Managing Director Thomas Reynaert remarked that there are still a number of “connectivity disruptors” that are overshadowing the positive steps that have been taken towards the liberalization of the European aviation market. Reynaert emphasized the urgent need to “boost the competitiveness of Europe’s airports by reducing excessive charges to get better market conditions for passengers.” He urged the European Commission to “quickly and decisively reform the …

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ALTA and IATA meet to bolster efforts to address issues hounding Latin America and Caribbean aviation

The Latin American and Caribbean Air Transport Association (ALTA) and International Air Transport Association (IATA) recently met to take up the shoring up of efforts between the two organizations to better address the issues that are hampering the aviation industry in Latin America and the Caribbean. ALTA’s new appointed Executive Director Luis Felipe de Oliveira and IATA’s Director General Alexandre de Juniac met in Geneva at IATA’s headquarters where talks …

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Scottish government announces that cuts to air tax may be delayed

Cabinet Secretary for Finance Derek Mackay admitted to Members of Scottish Parliament that planned cuts to air taxes could be pushed back for up to three years. The development comes on the heels of three opposition parties urging the minority SNP Scottish Government to shelve its proposals to cut the existing air passenger duty (APD) in half in its new air departure tax (ADT). Sources said that the delay came …

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IATA calls for lower taxes and airport charges

The International Air Transport Association (IATA) has called for reduction in taxes and airports’ charges as it believes that it could deny passengers the benefits of inexpensive air travel in the next decade. According to an IATA study, airports all over the world have raised charges and taxes in the last few years. Data shows that international air travelers departing from 13 airports in Africa have to pay anywhere between …

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Airlines for Europe joins call for changes to European aviation laws

Lobby group Airlines for Europe (A4E) has joined lawmakers in calls for changes to European airport charges, air traffic control and travel taxes. The move was made during a significant tourism conference that tackled the prospect of having more than one billion passengers arrive in Europe this year. A4E Managing Director Thomas Reynaert reiterated his organization’s support for the cause, saying, “A4E supports the first priority of the European Commission …

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