9/27/2011

A White House proposal that would initially boost air-security fees by $5 for one-way trips and would grow to $15 for a round-trip ticket in 2017, with the majority of funds to be used for deficit reduction, is strongly opposed by the airlines, as well as the World Travel and Tourism Council. "The industry's non-income tax burden has grown from $3.7 billion in 1993 to approximately $17 billion today." said Nicholas Calio, president and CEO of the Air Transport Association. "In 2010, a year in which the entire industry's profit was less than $4 billion, U.S. airlines and their passengers contributed $3.4 billion in taxes and fees to the Department of Homeland Security, including $2 billion in taxes and fees to the Transportation Security Administration, a 50% increase over the amount collected in 2002."

Related Summaries