International Air Transport Association (IATA) urged (08-Mar-2012) US policy makers to improve aviation competitiveness by easing the tax and regulatory burdens on the airline industry. IATA believes policy makers at state and local level need to recognise the aviation industry generates up to USD1.3 trillion in annual US economic activity, accounts for 5.2% of GDP, and is a valuable economic driver. “If you want to discourage something, wrap it in a web of restrictive regulations and taxes. Taxes and fees now represent 20% of a US ticket. The Federal Aviation Administration’s (FAA) 2013 budget proposal heaps even more taxes on aviation, with much of the receipt used to balance the budget or reduce the deficit," said IATA director general, Tony Tyler. [more - original PR]
IATA urges US policy makers to improve aviation competitiveness by easing tax burdens on carriers
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Airline seat growth from Europe in summer 2017 is set to stay at almost 6% for the third successive summer, according to data from OAG. This rate had not previously been reached since 2010, although this will be the fifth straight summer of growth ahead of its 10 year average rate. The summer 2017 season started on 26-Mar-2017 and, although always subject to further change, the data give a fairly clear picture.
Seat capacity on routes from Europe to Africa will grow the fastest, as the region recovers from a terrorism related drop in demand in North Africa. There will also be above trend growth in almost every other region from Europe (including intra Europe). The only exception is Europe-Middle East, where the newly cautious Gulf airlines' growth is slowing this summer.
On the North Atlantic, always important for the profitability of Europe's leading legacy airlines, growth will be faster than its 10 year trend, but it will at least be a little slower than in the past summer. The loss of market share from the immunised North Atlantic JVs to newer and smaller competitors, including LCCs, is set to continue. As ever, the OAG capacity data provide a window into the changing structure of the airline markets from Europe.