US carriers are estimating the new aviation departure tax proposed by the Obama administration will cost each airline approximately $100 million every year. As the world slips towards another recession, airlines especially cannot afford a further tax burden. Gary Kelly, CEO of Southwest Airlines, says the tax would cost his company $140 million a year on top of already substantial increases in fuel costs. US Airways Group says the tax could cost $110 million a year, while AMR Corp.’s American Airlines estimates it to cost $124 million. The proposals will charge a $100 tax on each flight departure, which including

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In