At a keynote speech at the Caribbean Tourist Organisation Leadership Strategy Conference in Barbados, British Airways chief executive Willie Walsh warned that excessive taxes could force some airlines out of business. Walsh was aiming his comments at the UK government, which increase in air passenger duty comes into effect on November 1. “Aviation is a low-margin industry at the best of times,” Walsh told delegates. “If surpluses are swallowed up in taxes, airlines will not only be unable to invest in cleaner, emissions-reducing aircraft, they will ultimately go bankrupt and the social and economic benefits they bring will disappear with
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