Britain-based airways search {industry} tax breaks in coronavirus battle

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Britain-based airways search {industry} tax breaks in coronavirus battle

LONDON, March 26 (Reuters) - A consultant physique for airways based mostly in Britain has written


LONDON, March 26 (Reuters)A consultant physique for airways based mostly in Britain has written to its transport minister looking for industry-specific tax and air visitors charge holidays to assist survive a coronavirus pandemic that has introduced air journey to a standstill.

easyJet EZJ.L, IAG-owned ICAG.L British Airways and Virgin Atlantic don’t have any income coming in, forcing them to floor lots of of planes, and placing 1000’s of jobs and the way forward for the sector in danger.

Airways UK requested Transport Minister Grant Shapps for a six-month suspension in air passenger obligation, and a waiver of air visitors management and associated fees via the remainder of 2020, in addition to reduction from EU flight compensation guidelines.

“We consider various such measures are essential to allow aviation each to take care of the continuing disaster within the short-term but additionally to help and speed up a robust UK restoration later within the yr,” it stated in Wednesday’s letter.

The request got here after Finance Minister Rishi Sunak’s blow to hopes for a selected aviation rescue package deal when he stated the federal government would solely present help if airways couldn’t increase capital from different sources, resembling current buyers.

Airways UK additionally stated its members had been determined for extra info on the right way to entry a scheme the federal government stated would reimburse 80% of the wage prices of furloughed staff.

“Please can we urge that additional readability is supplied as quickly as attainable owing to the extreme money pressures that airways are going through,” the {industry} physique stated within the letter.

Airways UK, which additionally represents Jet2, TUI, Norwegian and Ryanair, stated it hoped the federal government would contemplate the non permanent tax break and dropped fees in ongoing talks.

(Reporting by Sarah Younger; Enhancing by Clarence Fernandez)

(([email protected]; +44 20 7542 1109; Reuters Messaging: [email protected]))

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