Argentina: tax on international airline tickets is ill-timed
As the industry waits for guidance from Argentina regarding the planned 1-Oct-2020 restart date for commercial flights, the country’s government has made a questionable decision to levy a tax on international air tickets. The tax comes after the industry has warned that Argentina’s prolonged closure could put the country’s long term connectivity at risk.
Argentina’s international travel was already depressed due to the country’s troubled economic state and plummeting currency. And now the latest developments could further threaten Argentina’s competitiveness.
However, its commitment is resting on an assumption that the country’s government will oversee Argentina’s aviation industry in a fair manner.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.