ALTA: Proposed Colombian travel tax will damage competitiveness
The Latin American & Caribbean Air Transport Association (ALTA) has spoken out against a national air passenger travel tax"”which would charge a COP8,000 ($2.86) fee for Colombian passengers and COP13,935 fee for international passenger"”proposed by Bogota, Colombia mayor Enrique Peñalosa, who said the tax is necessary for road infrastructure investment. In its April newsletter, ALTA […]
Air Transport Supports Job Creation in Peru, $4.4B in GDP
The International Air Transport Association (IATA) announced new data showing that aviation and aviation-induced tourism support 280,000 jobs and contribute $4.4 billion to Peru’s economy, equivalent to 2.1% of the country’s GDP. The findings are among the highlights of «The Importance of Air Transport in Peru’» study conducted by Oxford Economics on behalf of IATA. […]
Federal government awarding $2.6 million to 2 NY airports
Two upstate New York airports are getting more than $2.6 million in federal grants. Sidney Municipal Airport in Delaware County will receive $1.8 million and Ithaca Tompkins Regional Airport in Tompkins County is being awarded $870,000. The infrastructure funding from the Federal Aviation Administration will go to construct a new taxiway at Sidney Regional Airport. […]
Another Strong Year for Air Travel Demand in 2016
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]
Armenia to introduce new low cost airline
"Armenia" is set to launch flights already in April. Owned by local business men Ashot Torosyan (51%), Gaiashvili (25%) and Robert Hovhannisyan (24%), airline promise affordable ticket prices, starting from 96 euros including all the fees and taxes. Armenia airline will make its first flights to Israel and Russia on April 21. The airline has […]
