Extract
Airline Finance News - Asia / Pacific.
May 3, 2009
The Pacific Asia Travel Association (PATA) is urging the British government to review as a matter of urgency its decision to increase air passenger duty. OItOs no more than a swinging and punitive tax on business and on families. Destinations across the Asia Pacific region are battling against the dramatic impacts of the global economic downturn. The UNWTO states, quite right, that travel and tourism can be an effective part of the G20 stimulus packages -- and yet the British government sees fit to maintain its plan to impose these dramatic increases in departure tax,O said PATA President and CEO Greg Duffell. www.pata.org. May 1, 2009 The action by the Australian Competition and Consumer Commission in Sydney's Federal Court, alleges that the airline "entered into over 70 arrangements or understandings with other international air cargo carriers that had the pu...See the full content of this document
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