Tag: Airlines
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Airlines Fees vs. Fares: Impacting Taxes
The liberal Washington Post complains: There’s a 7.5 percent federal tax on every airline ticket. The money goes into a fund that pays for the air transportation system: airports, capital improvements and the operation of the Federal Aviation Administration. … When the airlines kept ticket prices down by shifting $12.8 billion to baggage fees, they…
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High Gas Prices Raise Airline Ticket Costs
“[R]ising jet fuel costs put significant cost pressure on the airline industry,” Steve Lott, vice present of communications for Airlines for America told CBSDC. “Regarding fuel, it was the airline industry’s largest expense in 2011, representing 35 percent of total costs. In 2011, the price of jet fuel reached a record high of $3.00 per…