AEA warns new tax will take heavy toll on airlines

AEA Secretary General Ulrich Schulte-Strathaus warned that the high fuel costs currently in place will fundamentally affect the airline industry and said a proposed development tax will only worsen the situation. "Whether by introducing a supplement to the fare, clearly signaled to the passenger as fuel-related, or by adjusting the pricing model to reduce the number of seats sold at the lowest fares, revenue-boosting measures will be starting to affect passenger behavior, introducing ...