Entaxei
Now for once there is a CEO who has the cojones to stand up and say - Enough - No More.
Only because the Board of Management have backed him to do it. Indeed, it appears that they hired him specifically to do it. He could not have done this alone. If earlier Boards had not wanted a quiet life, then it would have happened earlier. Just as it did to Stevedores, Print Workers and the rest, the world had changed in their favour and then it changed again.
77
It was in the press in the last few days. APD to rise (double ?? )
[SNIP]
For the few who will pay no tax, many more will not be able to travel by air on holiday and hence many in the aviation industry will lose their jobs.
You can of course travel by AMS,CDG, FRA etc and pay less tax but that doesn't help those employed in the aviation industry in the UK. i.e. those trying to keep their airline in business not destroy it.
You make it sound like the death knell of the entire UK aviation fleet rests on the doubling of APD? The global airline biz has increased because:
- Deregulation of old duopoly agreements
- new entrants lowered prices
- new aircraft cheaper to operate
- new runways on small islands and unexpected places
- new ways of pricing and making money out of air travel - both by the carriers and the airport companies
The expansion was to the point were, a couple of years ago, many said that air travel was now too cheap to make any real profit.
Then, just when we thought it was going to get better and better ... the recesssion arrived and everything changed. We may yet have a Depression or Stagflation.
If people do not have a job, or have lost their house, or are stuggling to support their family then APD is going to be the leat of their worries. YES, I do realise what it might mean to a family of four on a lh holiday but, just maybe, folks will plan now in the way in which they did not in the last 20 years.