28-Feb-2011 1:50 PM

Emissions trading as 'damaging' as APD: Monarch

Monarch Airlines MD Tim Jeans stated emissions trading could damage the travel industry as much as the Air Passenger Duty (Travel Weekly, 25-Feb-2011). Mr Jeans stated the EU Emissions Trading Scheme, which is scheduled to come into force in Jan-2012, will be a "deal changing tax" for the aviation industry. The MD stated that while the government had admitted APD was a "cash cow", few politicians would speak out against a genuine green tax, which makes it potentially more damaging to the industry.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More