IATA yesterday expressed "extreme disappointment" that proposals that call for a tax on air transport to support third-world development were not abandoned at an ECOFIN meeting in Luxembourg this week. The proposals were developed in May after EU finance ministers reached an agreement in principle to impose a small levy on air travel to fund development aid that would be voluntary or obligatory depending on the country (ATWOnline, May 17). DG and CEO Giovanni Bisignani said, "Development ...

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