Government inaction and an absence of understanding of the positive future economic impacts of international air traffic growth dominated discussion on the opening session of day two of the 13th annual World Travel & Tourism Council Global Summit. A panel of airline industry leaders reiterated the decision for increased government support – and the abolition of passenger duty taxes – to navigate a route towards sustainable sector development. Moderated by Peter Greenberg, travel editor, CBS News, the discussion covered political and economic instability, capacity, runway access, government policies, taxes and environmental sustainability as portion of a session entitled ‘Airlines: Turbulence or clear skies ahead’. “Aviation is a quick-moving, highly competitive environment; high cost, low margins. One of many biggest challenges we are facing is convincing governments that airlines will need...
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