Regarding GF's Manila flights, how are they performing?
Just read an article with the following quote;"...urged Manila to review its Common Carrier Tax (3 percent of the gross receipts) and 2.5-percent Gross Philippine Billings Tax on all cargo and passenger revenue originating from the Philippines in an uninterrupted flight, regardless of the place of sale or issue of a ticket.
“The Philippines is the only country that charges such taxes,” ... said.
“By contrast, other Asian countries offer incentives to foreign carriers. There has been an exodus of foreign carriers, primarily long-haul, from the Philippines for a number of years.
The Philippines will start charging carriers a 12-percent value-added tax on crew accommodations on Nov. 1.
On Aug. 11, the International Air Transport Association wrote the Civil Aviation Authority of the Philippines to urge it not to increase its telecommunications charges on foreign airlines.
Copyright Manila Standard Today 2005-2009, article dated 11-11-2011.
Will this have any implication on GF's operation? If the route is performing marginal this might just be the last drop.