The airline industry received a pleasant surprise last month when IATA projected that carriers would return to profit on a global basis in 2010 after a brutal two years (see our World Airline Report beginning on p. 24). Unfortunately, even as this good news was being digested, the German government announced that it intends to impose a stiff new “green” airport departure tax to help manage its budgetary woes. The decision ignores the lesson learned in the Netherlands and ...

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