EUROPE & CIS: IATA slams German Ã¢â‚¬Å“cash-grabÃ¢â‚¬Â
The International Air Transport Association (IATA) reacted sharply to the announcement made by the German government of a EUR 1 billion annual burden on aviation with a new departure tax in Germany, which the government branded as an environmental initiative. Ã¢â‚¬Å“This is the worst kind of shortsighted policy irresponsibility. ItÃ¢â‚¬™s a cashgrab by a cash-strapped […]
July 1, 2010
Ã¢â‚¬Å“This is the worst kind of shortsighted policy irresponsibility. ItÃ¢â‚¬™s a cashgrab by a cash-strapped government. Painting it green adds insult to injury. There will be no environmental benefit from the economic damage caused,Ã¢â‚¬Â said Giovanni Bisignani, IATAÃ¢â‚¬™s director general and CEO. His remarks were made to industry leaders gathered in Berlin as the 66th IATA Annual General Meeting and World Air Transport Summit drew to a close.
Bisignani highlighted three major concerns with the German proposal. Ã¢â‚¬Å“The proposal should be axed. It is the wrong measure at the wrong time; and it ignores the lessons learned from the failure of a similar tax in the Netherlands,Ã¢â‚¬Â said Bisignani.