The International Air Transport Association (IATA) urged governments to support the vital role aviation plays in connecting people and commerce around the globe.
“Our world has grown much wealthier through trade and travel. Air travel liberates people to live better lives and makes our world a better place,” said Alexandre de Juniac, IATA’s Director General and CEO. In the US, the aviation sector contributes $680.1 billion dollars to GDP and supports 6.2 million jobs. “Aviation is the business of freedom and we must continue to work together to make it so,” said de Juniac.
Looking to the agenda for the Trump Administration, de Juniac called for a reduction in the tax burden on aviation and air travelers, and a new approach to the provision of air traffic services.
“The tax burden needs to be reduced. Airlines for America estimates that taxes account for more than a fifth of the cost of the average domestic ticket. In a country as big, beautiful and full of opportunity as the US, why have a taxation policy that discourages travel? Travel stimulates the economy with tourism dollars and business development. We hope that the Trump Administration will create jobs by dramatically reducing the tax burden on travel,” he said.
“The US Airline Deregulation Act of 1978 unleashed competition and spurred innovation by letting market forces drive commercial decisions. And today consumers benefit from more travel choices than ever. Deregulation has benefited travelers, the US economy and the competitiveness of its airlines. I hope that the Trump Administration will keep that in focus.”
Airbus 2026 Cargo Global Market Forecast, unveiled at the Cargo Facts Symposium, predicts that the global fleet of dedicated freighter aircraft will expand by 46%, rising from 2,360 aircraft in 2026 t...
Bombardier marked the 40th anniversary of its industry-leading Smart Services cost-per-flight-hour programs, which today support more than 1,500 enrolled aircraft and account for over 11 mil...
Few infrastructure projects have the potential to reshape an island's future quite like the ongoing transformation of Nevis Airport. To gain deeper insight into this ambitious development and the...
TARMAC Aerosave has set a new industry benchmark by becoming the first company in the world to secure Aircraft Fleet Recycling Association (AFRA) accreditation across all three scopes of aircraft disa...