Monday, June 03, 2013

Govts unfair to aviation industry, says global airlines body

Cape Town: The International Airline Transport Association (IATA) believes that the aviation industry should be treated like “any other business” and Governments across the world should not single it out for taxes and regulations.
The IATA’s Director-General and CEO, Tony Tyler, said, “We don’t want a handout, but we also don’t want to be singled out for special fees and taxes, and commercial regulations that chill market creativity and initiative.”
His statement came just ahead of the IATA’s three-day annual meeting and the World Air Transport Summit which began here on Monday.
Over 240 airlines from across the world are registered as IATA’s members, accounting for a little less than 90 per cent of global air traffic.
About 700 aviation companies, including chiefs of airlines and aircraft-makers, are taking part in the conference to discuss issues such as aviation safety, environment, distribution and financial sustainability.
Air India’s Chairman and Managing Director Rohit Nandan and Jet Airways Chairman Naresh Goyal, who is also a member of the IATA Board of Governors, are attending the event.
03/06/13 Nivedita Ganguly/Business Line
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