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French Plans to Raise Taxes 'Disastrous' for Aviation, IATA Says.

Authors :
Philip, Siddharth
Razzouk, Nayla
Source :
Bloomberg.com; 10/2/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

The new French government's plans to raise taxes, including potentially increasing taxes on air passengers, have been criticized by Willie Walsh, the director general of the International Air Transport Association. Walsh argues that these tax proposals would be disastrous for France's economy and its aviation industry, as aviation is a driver of employment and growth. He also warns that the taxes would harm the tourism industry and hinder the transition to sustainable aviation fuels. Walsh cites Sweden as an example of a country that abolished its aviation tax to stimulate economic growth. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180033278