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Flexjet Offers Fractional Schemes On New Learjets 5/18/2012 Flexjet will be the first provider of fractional jet management services to offer
access to Bombardier’s new Learjet 70 and Learjet 75 aircraft.
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EU Hails ETS Aviation Compliance Rate 5/18/2012 The European Commission has claimed early success with the extension of the European Union's Emissions Trading Scheme to flights in and out of Europe, reporting compliance with currently non-mandatory emissions-reporting requirements by more than 99% of operational airlines.
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ECJ Urged To Confirm Passenger Delay Compensation 5/17/2012 An Advocate General has proposed to the European Court of Justice that
it should confirm that a passenger whose flight is delayed by three hours or more
may seek flat-rate compensation from the airline.
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African Carrier Achieves Inflight Internet Milestone 5/16/2012 South African carrier Mango Airlines has become the first African airline to
offer wireless inflight Internet connectivity, although the first demonstration flight didn't go off without a glitch.
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Cockpit Innovation Showcased At EBACE 5/15/2012 Leading business aircraft manufacturer, Bombardier Aerospace showcased its
all-new cockpit technology, Vision Flight Deck, integrated into its Global 5000
and Global 6000 business jets, at this year's European Business Aviation Convention
and Exhibition in Geneva on May 13-16.
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Lufthansa Slams German Plane Ticket Tax 5/15/2012 Presenting details of the company’s 2011 annual report at its annual general
meeting in Cologne, Deutsche Lufthansa’s Chief Executive Officer Christoph
Franz urged the coalition government to end the controversial plane ticket tax
currently costing the company around EUR361m (USD465m) annually.
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Guernsey Announces Aircraft Registry Plans 5/15/2012 The Guernsey government has announced that it has agreed with a private sector
partner to launch an aircraft registry from the island.
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IoM Will Not Follow UK's Lead On Taxing Business Jets 5/7/2012 The Isle of Man's Treasury Minister, Eddie Teare has confirmed that, despite the
territory maintaining many similar elements to the United Kingdom tax regime,
the island will not follow suit with the UK government's decision to begin taxing
small business aircraft under the Air Passenger Duty regime.
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Schipol Voted Europe's Favourite Airport 4/30/2012 Amsterdam airport, Schipol, has this year received the title of 'Europe's best
airport' in the 2012 World Airport Awards, known also as the Passenger's Choice
Awards.
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Aviation Becoming 'Cash Cow' For Governments 4/27/2012 Policies are needed that re-invest aviation tax receipts back into the industry and to ensure that aviation is treated as an economic catalyst not a 'cash cow', says the International Air Transport Association.
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NZ To Ease GST For Non-Resident Firms 4/23/2012 New Zealand is to remove goods and services tax 'impediments' for non-resident businesses in an effort to make the system less burdensome for such companies.
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China Replaces Airport Tax With New Fee 4/18/2012 China’s Ministry of Finance has issued a notice confirming that, while the
previous airport tax has been abolished, air passengers will now have to pay an
equivalent fee to finance a newly-constituted Civil Aviation Development Fund.
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Hong Kong, Spain DTA Enters Into Force 4/16/2012 The agreement for the avoidance of double taxation, signed between Hong
Kong and Spain on April 1 last year, came into force on April 13, after the completion
of ratification procedures on both sides.
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India Considering FDI From Foreign Airlines 4/13/2012 India's Cabinet will soon decide whether domestic airlines can accept foreign direct investment from other
nations' airlines. The plans aim to boost access to external funding for India's heavily-indebted aviation industry, and make domestic airlines viable.
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Climate Change Committee Pressures UK On Carbon Change Commitments 4/11/2012 A new report from the Committee on Climate Change urges the United Kingdom government to include the aviation and maritime sectors within ambitious emissions targets agreed for 2050.
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Business Calls For US-Brazil Trade Treaty 4/10/2012 On the occasion of Brazilian President Dilma Rousseff's visit to the United States
on April 9, the US Chamber of Commerce President and CEO Thomas Donohue
called on the two countries to begin discussions on a comprehensive Economic Partnership
Agreement.
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EFTA States Adopt EU Transport Regulations 4/10/2012 The European Free Trade Association has promulgated European legislation which deals with maritime security and airport charges, introducing numerous changes among
the four-nation bloc.
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Carcassonne Airport Targeted By EU Probe 4/10/2012 The European Commission has launched an in-depth investigation
into whether financial support received by Carcassonne airport, France,
from the state, and rebates and marketing agreements the airport and airline Ryanair
negotiated, were in line with European Union state aid rules.
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Swiss Re Corporate Solutions Establishes Dubai Office 4/9/2012 The Dubai Financial Services Authority has granted Swiss Re Corporate Solutions
a licence to operate in the Dubai International Financial Centre.
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Audit Detects Weakness In Canadian Aviation Sector Oversight 4/9/2012 Canada's Auditor General, Michael Ferguson has called for a fundamental review
of the functioning of Transport Canada in its role as overseer of aviation companies' compliance with civil aviation safety standards.
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Aviation Sees Demand Spurt 4/6/2012 The International Air Transport Association has released global traffic results
for February 2012 showing an 8.6% improvement in passenger demand and a 5.2% rise
in cargo demand compared with the same month in the previous year.
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US Announces New Challenge To EU In Airbus Case 4/6/2012 The Office of the United States Trade Representative has confirmed that it has requested the establishment of a World Trade Organization compliance panel to consider whether the European Union removed illegitimate subsidies to Airbus fully and in a timely manner.
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Uptick In Unsecured Bond Investment Positive For Aircraft Financing 4/4/2012 Credit ratings agency, Fitch Ratings has said that an increase in successful unsecured bond
issuances by aircraft lessors could signal that the capital markets are once again
becoming a viable financing alternative for the sector.
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Air Passenger Claims Backed By EU Court Advisor 4/3/2012 An Advocate General to the European Court of Justice has found that an air carrier must provide care to passengers whose flights have been cancelled because of extraordinary circumstances such as the closure of airspace following the eruption of the Eyjafjallajökull volcano in a case brought by an Irish passenger against airline Ryanair.
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NetJets Targets China With New Joint Venture 3/29/2012 Private aviation market leader NetJets has announced that it is to enter into
a new joint venture with a consortium of Chinese investors to establish a physical presence in China from which to target local and regional opportunities.
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Last Direct Philippines-EU Flight Cut Over Taxes 3/29/2012 Citing the additional taxes payable by international airlines flying from the Philippines, Air France-KLM is stopping the one remaining direct flight from Manila to Europe.
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APD Sapping UK Economy, Report Argues 3/16/2012 Scrapping the Air Passenger Duty would help UK job creation and boost the economy, according to the World Travel and Tourism Council.
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European Aviation Fears EU ETS Backlash 3/19/2012 In joint letters, the heads of some of Europe's major airlines and aviation engine manufacturers have called upon European Union leaders to take action and stop an escalating trade conflict with China and other countries opposing the European Emissions Trading Scheme.
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Taxes, Red Tape 'Stifling US Aviation' 3/15/2012 The United States government should ease the tax and regulatory burden on the
the nation's aviation industry to improve the sector's competitiveness and boost the economy as a whole, the International
Air Transport Association has said.
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OECD Urges Massive Investment In Infrastructure 3/9/2012 A new report from the Organisation for Economic Cooperation and Development has
urged forward thinking from governments to ensure that improvements in aviation and maritime infrastructure
keeps pace with economic globalisation.
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BAA Pressures Gov't To Approve Third Runway At Heathrow 3/8/2012 UK airports operator BAA has increased its lobbying efforts to obtain permission to proceed with the construction of a third runway at London Heathrow, with industry support
in the form of a letter to government leaders and new research which warns
of the damage blocking Heathrow's expansion would do to UK businesses, the economy,
and employment.
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Guernsey Considering Territory's Economic Direction 3/8/2012 The Guernsey government has welcomed the publication of a new report, commissioned to provide an overview of Guernsey's current economic profile
and recommend, on an independent basis, future strategic areas that should be
targeted to provide further economic opportunities for the territory.
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Europe Stands Firm On Emissions Trading Scheme, For Now 3/7/2012 The Vice-President of the European Commission told the Aviation Leadership
Summit at the Singapore Airshow that the European Union will stand firm on its decision to impose a tax on airlines' emissions, but said the Union is open to constructive negotiations on multilateral alternatives.
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Canada Announces Review Of Aerospace Policy 3/5/2012 Canada's Minister of Industry Christian Paradis has announced the commencement
of a review into Canada's aerospace and space programs and policies with a view
to boosting support for its domestic industry.
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Philippines Advised To Scrap Airline Taxes 3/2/2012 Following a study by Oxford Economics, the International Air Transportation Association has pointed out the benefits that would accrue to the Philippines economy,
if the government was to remove taxes imposed on foreign airlines.
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NetJets Europe Begins Offering Part Financing 3/1/2012 Luis Pinto, Chief Financial Officer of Netjets, announced at a recent corporate
jet and helicoptor financing conference that the company will begin offering
financing to its customers worldwide to provide extra options for clients in a
depressed market.
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Airbus Begins Testing Next-Generation Engine 2/29/2012 The A350 XWB’s new engine - the Rolls-Royce Trent XWB - has successfully made
its maiden flight aboard Airbus’s dedicated A380 “Flying-Test-Bed” aircraft.
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CBI Issues UK Budget Wishlist 2/27/2012 Changes to the UK's tax system could help generate investment and stimulate growth, the Confederation of British Industry argues in its 2012 Budget submission.
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Dubai Airline Plans To Offset EU Carbon Tax 2/21/2012 Dubai-based Etihad Airways has plans to increase the fuel surcharge on flights
to Europe in an attempt to minimise the damage caused by the EU's new carbon tax.
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BASIC Countries Slam EU Carbon Tax On Airlines 2/17/2012 The 10th BASIC Ministerial Meeting on Climate Change, held recently in New Delhi,
has heavily criticized the inclusion of international aviation in the European
Union Emissions Trading Scheme.
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Brazil Privatises Airport Infrastructure 2/11/2012 The Brazilian government has accepted three bids from private sector consortiums as part of government plans to speed the modernisation of its airport infrastructure as the FIFA World Cup 2014, to be held in Brazil, fast approaches.
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Putin Eyes New Wealth Taxes 2/10/2012 Russian presidential candidate and current Prime Minister Vladimir Putin has announced
that, if elected, his government would increase taxes on luxury items as part
of a larger reform of the tax system to reduce the country's over-dependence on
oil revenues and fund ballooning government expenditure.
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Aviation Demand Recovers In 2011 2/9/2012 The International Air Transport Association has published full year statistics,
showing a 5.9% year-on-year increase in passenger traffic, and a 0.7%
contraction in cargo markets.
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China 'Bans' Airlines From EU Carbon Tax Scheme 2/8/2012 The Chinese government has effectively banned Chinese airlines from participating in the European Union's Emissions Trading Scheme, which was extended on January 1, 2012 to flights using EU airspace.
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India Snubs UK With Fighter Contract 2/6/2012 French aircraft manufacturer Dassault Aviation has been selected to begin exclusive
negotiations to supply the Indian air force with 126 Rafale jet fighters, having
beaten off a rival offer from a European consortium including leading aircraft manufacturer
EADS - the parent company of Airbus, and UK manufacturer BAE Systems.
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Tax Stymies Indian Aviation Sector 2/2/2012 Changes to India's tax policy on the aviation sector are paramount to securing
the massive investment required to establish India as one of the top five civil
aviation markets in the world, which is the government's goal.
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Hong Kong Reports Fall In Cargo Traffic 1/27/2012 The world's busiest air cargo hub, Hong Kong International Airport, has reported that cargo
throughput declined in December 2011 by 4.3% year-on-year, to 346,000 tonnes,
as exports fell.
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Fiji Raises Departure Tax 1/27/2012 The Fijian government has been criticized after increasing its airport departure tax without giving sufficient formal warning.
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UK, Caribbean Talks Focus On APD 1/25/2012 Leaders from Caribbean nations and the United Kingdom agreed at the end of a two-day summit an action plan to establish 'a new and improved strategic partnership to promote prosperity'. Importantly, the UK government committed to reopen negotiations to mitigate the impact of the UK's air travel tax on Caribbean territories.
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Bombardier Expands Learjet Production Facilities 1/20/2012 Leading business jet manufacturer Bombardier has announced a further expansion
of its Learjet site in Wichita, Kansas, as part of 10-year plans initially to support the development of the Learjet 85 project.
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New Zealand National Carrier World-Leading 1/20/2012 New Zealand's national airline and flag carrier, Air New Zealand has received
government praise for again receiving the accolade 'Airline of the Year' from trade publication Air Transport World.
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Ryanair Snubs Ireland Over Tax 1/19/2012 Irish airline Ryanair, Europe's largest budget airline, is to create 1,000 new jobs but not in Ireland, with the country's tax regime thought to be to blame.
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Hungary Ordered To Recover State Aid To Airline 1/11/2012 The European Commission has ruled that financing granted to Hungarian flag
carrier Malev in the context of its privatization and re-nationalization constituted
illegal state aid, and has requested that the aid be recovered.
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Business Aviation Sector Urges Carbon Tax Rethink 1/10/2012 While welcoming the use of market-based measures to support carbon emission reduction efforts,
the association that represents business aviation operators in Europe has warned that
revisions are needed to the EU Emissions Trading Scheme to ensure that it does not discriminate against small operators.
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US Seeks Countermeasures Against Airbus Subsidies 1/10/2012 The United States has requested legal proceedings to examine the extent of 'financial damage' to the nation's aircraft manufacturer Boeing on allegations that European member states failed to undertake the timely removal of illegal subsidies to European manufacturer Airbus following a ruling by the World Trade Organization.
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Canada Overhauls Security Framework For Aviation 1/6/2012 Canada's Minister for Transport, Denis Lebel has announced that the government
is to take steps to streamline Canada's Aviation Security Regulations to ensure
they meet current international standards to reflect changing security needs.
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Chinese Airlines Boycott EU Carbon Tax 1/6/2012 The association that represents Chinese airlines, including Air China, China Southern Airlines,
China Eastern Airlines and Hainan Airlines, has said its members will not abide
by the European Union Emissions Trading Scheme, which on January
1, 2012, was extended to international airlines that use European airports.
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Aviation Demand Fell During November 1/4/2012 Air transport demand fell during the month of November, while air cargo markets
remained weak, according to the latest figures from the International Air Transport
Association.
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Kingfisher To Join Oneworld Airline Alliance 1/3/2012 India’s leading carrier Kingfisher Airlines will become part of the OneWorld alliance with effect from February 10, 2012.
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British Airways' Parent To Purchase Loss-Making BMI 1/2/2012 The parent company of British Airways, International Airlines Group has signed
an agreement with Lufthansa to purchase the group's lossmaking entity British
Midland Ltd - BMI - for USD271m in cash.
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Dubai Leader Approves 2012 Budget 12/28/2011 His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the Government Sector Budget for the year 2012.
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EFTA Signs Up To European Aviation Regulator 12/27/2011 The European Economic Area Joint Committee has announced its decision to incorporate
three regulations into its aviation regulatory regime to promote a high level
of safety in the European civil aviation sector, in particular through the establishment of a joint regulator among European nations.
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Bahamas Receives Funding For Aviation Reform 12/21/2011 The Inter-American Development Bank has approved a loan worth USD50m to support
The Bahamas in undertaking its air transport reform program.
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India Looks To Reform Aviation Sector 12/16/2011 India's Aviation Secretary, Nasim Zaidi, has announced that the government is formulating a ten-year plan for the country's aviation sector to improve the viability of carriers' operations and attract more private investment.
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Boeing 787 Sets Speed, Distance Records 12/14/2011 Boeing has established two new world records with its newly-launched 787 Dreamliner
aircraft, breaching existing records in terms of speed and distance achieved
by an aircraft in its weight class.
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Philippines Debates Removal Of Airline Taxes 12/13/2011 The Philippines Department of Finance has recently written letters
to the Ways and Means Committees of both the House of Representatives and Senate
to inform them that it 'interposes no objection' to the repeal of
country’s common carrier’s tax, provided that countervailing
tax revenue-raising measures can be identified.
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New Zealand Protests UK Aviation Tax Hike 12/14/2011 The UK's decision to increase Air Passenger Duty has sparked fierce criticism in New Zealand and Australia, with Prime Minister John Key fearing that the tax will put 'a significant burden on New Zealand businesses'.
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EU Claims Compliance With WTO Subsidy Ruling 12/14/2011 The European Commission has published a report detailing remedial
actions taken to comply with a July 2010 ruling from the World Trade Organization, which found that European nations had provided subsidies to European aircraft manufacturer Airbus in contravention of world trade rules.
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Aviation Body Foresees Turbulent 2012 12/12/2011 The International Air Transport Association has projected that airlines will generate a profit of USD6.9bn this year, although industry profits are expected to fall to USD3.5bn in 2012, from USD4.9bn previously forecast, mainly as a result of the crisis in the eurozone.
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BA Slams UK Travel Duty Hike 12/12/2011 Further rises in the UK's air passenger duty are completely at odds with the government’s declared aim of creating the foundations for growth, British Airways has said.
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India Tackles Aviation Taxes 12/7/2011 The high level of tax on jet fuel has once again come to the top of the political agenda in India as the country's aviation industry battles against increasing operating costs and rising losses.
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EU And Russia Reach Siberian Overflight Agreement 12/6/2011 The European Commission and the Russian government have agreed to a revision of the
system of Siberian overflight payments, which EU airlines are required to pay
when flying over Russian territory.
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Hong Kong, France DTA Comes Into Effect 12/5/2011 The double taxation agreement between Hong Kong and France, which was originally
signed by Hong Kong’s Financial Secretary, John C Tsang, and the then French
Minister of Economy, Industry and Employment, Christine Lagarde, on October 21,
2010, came into effect on December 1, 2011.
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American Airlines Files For Bankruptcy Protection 12/2/2011 AMR Corporation, the parent company of American Airlines, has filed a voluntary
petition for bankruptcy protection with the Southern District of New York's Bankruptcy
Court.
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UK 'Losing GBP1bn' Because Of APD 11/29/2011 The Tourism Alliance has published a research report, which warns that the UK
economy stands to lose out on GBP1bn (USD1.56bn) in inbound tourism-related economic activity
as a result of the government's policy of taxing aviation through its Air Passenger
Duty.
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NetJets Sues IRS Over Ticket Tax Assessments 11/22/2011 Four subsidiaries in the NetJets group - NetJets Large Aircraft, NetJets International,
NetJets Aviation and Executive Jet Management – have introduced an action
in the Ohio Southern District Court, Columbus Office, to retrieve almost USD643m
in back taxes from the Internal Revenue Service.
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'Scrap APD', UK Airline Bosses Say 11/22/2011 The negative impact of air passenger duty on the UK economy outweighs any benefit from the revenue raised, four leading airline chiefs have said, calling on the government to axe the levy.
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Dubai Airshow Ends With Bumper Orders 11/18/2011 The Dubai Airshow closed its doors on November 18 on a successful week which saw USD63.3bn
worth of orders for aircraft, maintenance services and flight training programmes.
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India Seeks American Aviation-Sector Investors 11/17/2011 The US Federal Aviation Agency and India's Directorate General of Civil Aviation
have signed a landmark agreement on the safety of aviation products intended to facilitate increased
investment from US business owners in the Indian market.
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Middle East To Drive Future Aircraft Demand 11/15/2011 Boeing forecasts that airlines in the Middle East will need an estimated 2,520
airplanes worth USD450bn by 2030 as the region's carriers
continue to surpass global air traffic and capacity growth rates.
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IATA Urges Airports, Airlines To Tackle Future Together 11/10/2011 Director General of the International Air Transport Association, Tony
Tyler, has called for airlines and airports to work more closely to achieve common
goals for the benefit of the industry.
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Northern Ireland Flight Tax Cut In Force 11/10/2011 Changes to Northern Ireland's Air Passenger Duty charges have come into effect, with long-haul passengers now benefiting from lower rates once applicable only to shorter journeys.
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US Travel Industry Calls For Phase-Out Of UK APD 5/1/2012 A total of thirty associations within the United States travel industry have written to
Chancellor of the Exchequer George Osborne urging the United Kingdom government to abandon plans for a further
increase in air passenger duty in March 2012, and, instead begin a progressive
reduction of the tax.
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Asian Airlines Lash Out At Western Tax Policy 11/8/2011 The Association of Asia Pacific Airlines has spoken out against the 'ineffective
regulation and excessive taxes and charges' of Europe and the United States, which it said are unnecessarily constraining the growth of the industry globally.
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Airbus Project Cuts Flight's Emissions In Half 11/1/2011 Using the latest fuel and air traffic management techonologies, Air France and
Airbus in October claimed to have completed the world's most environmentally-friendly commercial
flight having reduced carbon emissions by half.
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Hong Kong Airport Witnesses Traffic Growth 10/31/2011 Hong Kong International Airport, publishing statistics for the third quarter
of 2011, said that the airport has experienced solid growth in terms of passenger
volumes and aircraft movements.
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Malaysia Finally Confirms New Air Passenger Taxes 10/31/2011 After the increases were delayed in September, Malaysia Airports has now announced
that new rates of the international passenger service charge and aircraft
landing and parking charges will be implemented from November 15, 2011.
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IoM Space Sector Breaks Into New Territory 10/26/2011 The Isle of Man government has announced a major milestone in the development
of the island's aerospace sector with the successful launch of ViaSat-1, the first
satellite to use an Isle of Man licensed orbital filing.
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Foreign Airlines Push For Philippines Tax Exemptions 10/26/2011 The Philippines’ Department of Finance is being put under pressure from
foreign airlines to reduce the 2.5% Gross Philippine Billings Tax and the
3% Common Carrier’s Tax to which they are subjected.
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US Works To Halt EU Air Tax 10/26/2011 A bipartisan United States Congressional delegation met on October 21 with the
International Civil Aviation Organization (ICAO) regarding US opposition to the
emissions trading scheme to be introduced by the European Union.
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Bombardier Agrees Suppliers For New Business Jets 10/24/2011 Bombardier has announced that it has secured seven suppliers to facilitate the
creation of the next generation of aircraft in its Global range, the 7000 and 8000, due to enter into service in 2016 and 2017, respectively.
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Hong Kong Gazettes Aviation Fee Revisions 10/20/2011 An order to support and enable proposed revisions to Hong Kong’s aviation
fees and charges is to be gazetted on October 21 and tabled in the Legislative
Council on October 26.
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German Plane Tax Cut Encourages Ryanair 10/18/2011 Budget airline Ryanair may schedule new flight routes from Germany
in 2012, provided that the government abolishes its controversial plane ticket
tax.
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Guernsey To Push Ahead With Aircraft Registry 10/17/2011 Guernsey is to push ahead with plans to establish an aircraft registry as a way
of diversifying the island's economy after proposals for a joint Channel Islands registry received little support from Guernsey lawmakers.
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Germany To Lower Plane Ticket Tax 10/12/2011 Germany’s highly controversial plane ticket tax is to be lowered next
year to compensate for additional costs arising from the extension of the European
Union’s emissions trading scheme to flights over Europe from January
1, according to the German finance ministry.
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IoM Aerospace Sector Receives Boost 10/11/2011 The International Institute of Space Commerce, based in Douglas,
the Isle of Man, has been accepted as a member of the International Astronautical
Federation, the most prestigious institution in the space community.
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Airbus, Qantas Finalize Record Aircraft Deal 10/11/2011 Qantas and Airbus have finalized a contract for 110 A320 Family aircraft, to facilitate
the airline’s fleet renewal and expansion plans in the coming years. The
firm order for 78 A320neo and 32 A320s is the largest single order in Australian
aviation history in terms of aircraft units, and follows a commitment signed in
August.
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Hong Kong Extends Airport Charge Incentive 10/5/2011 The renewed scheme of airport charges for new routes, proposed by the Airport
Authority Hong Kong (AA) and gazetted on October 7, will come into force on
January 1 next year.
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Aviation Industry Recovery Slows 10/5/2011 The International Air Transport Association has announced international air traffic
results for August, showing that while passenger demand has increased, by 4.5%
compared to August 2010, this is lower than the year-on-year change of 6% recorded
in July, showing a slowdown in traffic.
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India Leads Protest Against EU Carbon Tax On Airlines 10/4/2011 Strong protests have been made by 26 countries, led by India, against European Union plans to tax airlines on carbon emissions in its airspace. These concerns about the Emissions Trading Scheme were expressed at a meeting held in Delhi within the last few days.
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