IATA SLAMS GERMAN AIR TRAVEL TAX PLANS
tax while Europe’s aviation industry is struggling to make a profit amid a weak
International Air Transport Association said on Tuesday.
industry executives gathering for IATA’s annual meeting in Berlin and planemakers
preparing for the opening of the Berlin Air Show on Tuesday.
here in Europe needs is additional taxes and measures that will slow down economic
growth,” IATA chief economist Brian Pearce told reporters.
IATA on Monday raised its 2010 earnings estimate for the global airline industry
and said the only region in which airlines would continue to post overall losses
this year would be Europe.
than capacity could be cut as companies and consumers shrank travel budgets to
weather the global economic crisis.
have been dogged by airspace closures, strikes and a weakening of the euro.
governments seeking to generate revenues,” Pearce said.
for the airline industry, will likely take the biggest hit, analysts said.
EUR€200 million a year, assuming the carrier is able to pass on half of the tax
price of air travel by an average 8-14 euros per ticket.
government aims to consolidate the federal budget by just over 80 billion euros
($95 billion) over the next four years.
that could face opposition, especially in the Bundesrat, the upper house of parliament.
year via the introduction of a tax on air travel. From 2013 this sum might be
raised by including air transport in agreed carbon emissions trading standards,
the government said in the official draft of its plans.
and would be levied on criteria such as price, noise and consumption, the draft
fall under the EU ETS (2012). But it helps the interim finance phase!