Tuesday , February 20 2018
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Tag Archives: Taxes

IATA urges India to lower taxes to spur aviation sector growth

Any further growth for India’s aviation sector would hinge on lowered taxes, says global airlines body, International Air Transport Association (IATA). “We have always said to the (Indian) government to please lower the taxes if you want aviation sector to develop and bring much more prosperity and much more additional taxes at the end of the day, than you will lose by a lower rate of tax on aviation”, IATA …

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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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Abolish air passenger tax to help Britain grow, says IAG boss WILLIE WALSH

By IAG CHIEF EXECUTIVE WILLIE WALSH When Philip Hammond was Transport Secretary, he was well aware of aviation’s value to the British economy. Now he is Chancellor, he has the opportunity to unshackle the biggest restraint on the industry by abolishing Air Passenger Duty (APD) in tomorrow’s Budget. This is the highest aviation tax worldwide and penalises not only British citizens but those coming to do business or holiday in …

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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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We won’t build a Global Britain with the highest taxes on air travel in the world

Tim Alderslade and John O’Connell The Prime Minister – in her Lancaster House speech last month – set out her vision for Brexit and her goal of “a truly global Britain”. She has been clear that she seeks to lead “a country that reaches beyond the borders of Europe” and “a country that goes into the world to build relationships”. As we disentangle ourselves from the EU those are the …

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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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