Credit: Joe Pries
The new French government’s plan to raise an extra €1 billion euros ($1.1 billion) per year from taxes on aviation came as no surprise. Nevertheless, the move is a “shock,” Air France-KLM’s CEO Ben Smith said. “A shock for Air France KLM and a new blow for the airline sector.” Even before the...
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Daily Memo: French Airlines’ $1.1B Tax ‘Shock’ is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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